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Treating Equals Unequally : Incentives in Teams, Workers' Motivation and Production Technology
Goerg, Sebastian J. - 2015
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
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Optimal Incentive Contracts Under Moral Hazard When the Agent is Free to Leave
Englmaier, Florian - 2010
We characterize optimal incentive contracts in a moral hazard framework extended in two directions. First, after effort provision, the agent is free to leave and pursue some ex-post outside option. Second, the value of this outside option is increasing in effort, and hence endogenous. Optimal...
Persistent link: https://www.econbiz.de/10013141421
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The Role of Salience in Performance Schemes : Evidence from a Field Experiment
Englmaier, Florian - 2012
tasks. We analyze the effects of the salience of incentives in a team production setting where the principal has an interest …, reduces quality, and increases in-pocket income of team managers …
Persistent link: https://www.econbiz.de/10013107721
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Performance Measurement and Incentive Intensity
Bayo Moriones, José Alberto - 2015
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
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Base Salaries, Bonus Payments, and Work Absence Among Managers in a German Company
Pfeifer, Christian - 2013
Questions about compensation structures and incentive effects of pay-for-performance components are important for firms' Human Resource Management as well as for economics in general and labor economics in particular. This paper provides scarce insider econometric evidence on the structure and...
Persistent link: https://www.econbiz.de/10013089005
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Other-Regarding Preferences and Performance Pay - an Experiment on Incentives and Sorting
Eriksson, Tor; Villeval, Marie Claire - 2021
Variable pay not only creates a link between pay and performance but may also help firms in attracting the more productive employees (Lazear 1986, 2000). However, due to lack of natural data, empirical analyses of the relative importance of the selection and incentive effects of pay schemes are...
Persistent link: https://www.econbiz.de/10013319186
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Can Higher Bonuses Lead to Less Effort? Incentive Reversal in Teams
Klor, Esteban F. - 2011
this paper, however, we demonstrate that this may not hold in team settings. In the context of sequential team production …
Persistent link: https://www.econbiz.de/10013129921
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Job Assignments Under Moral Hazard : The Peter Principle Revisited
Koch, Alexander K. - 2008
The Peter Principle captures two stylized facts about hierarchies: first, promotions often place employees into jobs for which they are less well suited than for that previously held. Second, demotions are extremely rare. Why do organizations not correct 'wrong' promotion decision? This paper...
Persistent link: https://www.econbiz.de/10012773414
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The Productivity Effects of Profit Sharing, Employee Ownership, Stock Option and Team Incentive Plans : Evidence from Korean Panel Data
Kato, Takao - 2010
(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
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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 … 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