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Reciprocity and Incentive Pay in the Workplace
Dur, Robert - 2010
We study optimal incentive contracts for workers who are reciprocal to management attention. When neither worker's effort nor manager's attention can be contracted, a double moral-hazard problem arises, implying that reciprocal workers should be given weak financial incentives. In a...
Persistent link: https://www.econbiz.de/10013147137
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How Do Labor Representatives Affect Incentive Orientation of Executive Compensation?
Dyballa, Katharina - 2016
interest in increasing incentive-based compensation to avoid management's excessive risk taking and short-run oriented … decisions. We compile unique panel data on executive compensation over the periods 2006 to 2011 for 405 listed companies and use … a Hausman-Taylor approach to estimate the effect of codetermination on the compensation design. Finally, codetermination …
Persistent link: https://www.econbiz.de/10012984836
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Unethical Behavior and Group Identity in Contests
Benistant, Julien - 2019
Using a real-effort experiment, we study whether group identity affects unethical behavior in a contest game. We vary whether minimal group identity is induced or not, whether individuals have to report their own outcome or the outcome of their competitor, and whether pairs of competitors share...
Persistent link: https://www.econbiz.de/10012870452
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Managerial Incentives and Favoritism in Promotion Decisions : Theory and Field Evidence
Berger, Johannes - 2011
mitigated by pay-for-performance incentives for managers who decide upon promotion. Second, we analyze matched employer … indeed substantially higher when managers receive performance-related pay or participate in gain sharing plans …
Persistent link: https://www.econbiz.de/10013128837
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Incorporating Conditional Morality into Economic Decisions
Masclet, David - 2019
We present a framework that incorporates both moral motivations and fairness considerations into utility. The main idea is that individuals face a preference trade-off between their material individual interest and their desire to follow moral norms. In our model, we assume that moral motivation...
Persistent link: https://www.econbiz.de/10012858837
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Link between Pay for Performance Incentives and Physician Payment Mechanisms : Evidence from the Diabetes Management Incentive in Ontario
Kantarevic, Jasmin - 2012
Pay for performance (P4P) incentives for physicians are generally designed as additional payments that can be paired with any existing payment mechanism such as salary, fee-for-service, and capitation. However, the link between the physician response to performance incentives and the existing...
Persistent link: https://www.econbiz.de/10013107695
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Relative Rewards within Team-Based Compensation
Irlenbusch, Bernd - 2006
How to design compensation schemes to motivate team members appears to be one of the most challenging problems in the … 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
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The Dispersion of Bonus Payments within and between Firms
Grund, Christian - 2017
We explore the dispersion of bonus payments of managers within and between five large firms from the German chemical …
Persistent link: https://www.econbiz.de/10012959667
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Worker Stress and Performance Pay : German Survey Evidence
Baktash, Mehrzad; Heywood, John S.; Jirjahn, Uwe - 2022
While performance pay can benefit firms and workers by increasing productivity and wages, it has also been associated with a deterioration of worker health. The transmission mechanisms for this deterioration remain in doubt. We examine the hypothesis that increased stress is one transmission...
Persistent link: https://www.econbiz.de/10014030841
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Gift Exchange in the Workplace : Money or Attention?
Dur, Robert - 2021
convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways … altruistic managers may offer lower wages and nevertheless build up better social-exchange relationships with their employees … than egoistic managers do. In such equilibria, a low wage signals to employees that the manager has something else to offer …
Persistent link: https://www.econbiz.de/10013324776