Showing 1 - 10 of 664
This study addresses the factors that determine the intensity of pay for performance schemes. The results indicate that the use of individual and group incentives boost intensity, whereas plant or firm pay for performance do not seem to affect the variable of interest. In addition, the adoption...
Persistent link: https://www.econbiz.de/10013016242
The importance of fair and equal treatment of workers is at the heart of the debate in organizational management. In this regard, we study how reward mechanisms and production technologies affect effort provision in teams. Our experimental results demonstrate that unequal rewards can potentially...
Persistent link: https://www.econbiz.de/10012749898
We study how help can be fostered by means of a team bonus in the presence of rank-order tournaments. In a simple model … we combine elements of relative rewards and a team bonus and study their effect on effort, help and sabotage. Quite … intuitively the theoretical analysis suggests that team members help less as relative rewards increase. This problem is mitigated …
Persistent link: https://www.econbiz.de/10012870216
How to design compensation schemes to motivate team members appears to be one of the most challenging problems in the … economic analysis of labour provision. We shed light on this issue by experimentally investigating team-based compensations … with and without bonuses awarded to the highest contributors in teams. A purely team-based compensation scheme induces …
Persistent link: https://www.econbiz.de/10012779052
Many organizations rely on teamwork, and yet field evidence on the impacts of team-based incentives remains scarce …. Compared to individual incentives, team incentives can affect productivity by changing both workers' effort and team … precise when the provision of team-based incentives crowds out the productivity enhancing effect of social connections under …
Persistent link: https://www.econbiz.de/10013111669
(SOPs) and Team Incentive Plans (TIPs). In do doing, we assemble important new panel data by merging data from a survey of …
Persistent link: https://www.econbiz.de/10013139059
The performance of a work team commonly depends on the effort exerted by the team members as well as on the division of … tasks among them. However, when leaders assign tasks to team members, performance is usually not the only consideration …. Favouritism, employees' seniority, employees' preferences over tasks, and fairness considerations often play a role as well. Team …
Persistent link: https://www.econbiz.de/10012930959
This paper shows that the incentive effects of heterogeneity may be positive rather than negative in dynamic contests with multiple stages. In particular, the well-studied adverse effects of heterogeneity in static interactions are compensated by positive continuation-value and selection...
Persistent link: https://www.econbiz.de/10013049077
An explanation for motivation crowding-out phenomena is developed in a social preferences framework. Besides selfish and fair or altruistic types a third type of agents is introduced: These quot;conformistsquot; have social preferences if they believe that sufficiently many of the others do too....
Persistent link: https://www.econbiz.de/10012778314
Empirical studies of the principal-agent relationship find that extrinsic incentives work in many instances, linking rewards to performance increases effort, but that they can also backfire, reducing effort. Intrinsic motivation, the internal drive to work to master a skill or to improve one's...
Persistent link: https://www.econbiz.de/10013078830