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It is often claimed that supervisors do not differentiate enough between high and low performing employees when evaluating performance. The purpose of this paper is to study the incentive effects of this behavior empirically. We first show in a simple model that the perceived degree of past...
Persistent link: https://www.econbiz.de/10010282509
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/10010291414
We empirically investigate the impact of incentive scheme structure on the degree of cooperation in firms using a unique and representative data set. Combining employee survey data with detailed firm level information on the relative importance of individual, team, and company performance for...
Persistent link: https://www.econbiz.de/10010278772
This paper tests two hypotheses from the theory of elimination tournaments: (i) that uneven tournaments, where the … contestants are ex ante heterogeneous, entail lower effort exertion; this is a prediction from agency theory that has not been … underlies any agency theory about elimination tournaments, and has been empirically tested in other contexts. The evidence …
Persistent link: https://www.econbiz.de/10010261647
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/10010261940
representative sample of the German population. The empirical estimation takes the rare events nature of becoming a nascent … economic importance of the jack-of-all-trades theory. …
Persistent link: https://www.econbiz.de/10010261621
empirical estimation takes the rare events nature of becoming a nascent entrepreneur and the regional stratification of the …
Persistent link: https://www.econbiz.de/10010261762
We analyze the effects of regional structures on both females? willingness to work and the probability of being employed for those willing to work. Special permission was granted to link regional data to individual respondents in the German Socio-Economic Panel (GSOEP). Results of a bivariate...
Persistent link: https://www.econbiz.de/10010261801
provisions on worker flows. In contrast to the predictions of the theory, our results indicate that there are no statistically …
Persistent link: https://www.econbiz.de/10010261862
data from a recent representative survey of the adult population in Germany this paper uses an empirical model for the …
Persistent link: https://www.econbiz.de/10010261884