wages to reflect this. Formal analysis supports the intuition. We use the dispersion of exam grades within a field of … education as an indicator of the heterogeneity that employers face. We find solid evidence that starting wages are lower if the … variance of exam grades is higher and that starting wages are lower if the skew is higher: employers shift quality risk to new …

bonuses under a Management-by-Objectives (MBO) incentive scheme. Six years of personnel data of 177 managers in a German …' Human Resource Management as well as for economics in general and labor economics in particular. This paper provides scarce …

from fixed wages to performance pay based on the average productivity of lower-tier workers. Theory suggests that … managerial incentives affect both the mean and dispersion of workers' productivity through two channels. First, managers respond … increase. Second, managers select out the least able workers, implying that the mean increases but the dispersion may decrease …

managers do not receive higher pay all else equal, which implies that middle management ability is not fully tradable. …We study the impact of and reward to middle management ability using data from 245 stores of a nationwide retailer. The … company scores six broad areas of management practice, the most important of which turns out to be commercial awareness, where …

coverage on work-related training and how the union-training link affects wages and wage growth for a sample of full-time men …

forms of work-related training received by men and women over the period 1998-2000, and to estimate their impact on wages … estimate the impact of training – controlling for its financing method – on wages levels and wages growth. We find that … employer-financed training increases wages both in the current and future firms, with some evidence that the impact in future …

, we find that household characteristics explain about 25% of the dispersion in wages within an age group in all three … countries. Second, the cross-sectional variance of wages is almost linearly increasing in household age in all three countries …

We study the effect of obesity on wages and employment, using data from the British NCDS. The results show a …

bargaining, minimum wages, employment protection and unemployment benefits affect the way in which wages respond to labor supply … shocks, and, hence, the labor market effects of immigration. We employ a wage-setting approach which assumes that wages …