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Individual and job based determinants of performance appraisal: evidence from Germany

Grund, Christian; Sliwka, Dirk - 2007

We investigate the use of performance appraisal (PA) in German Firms. First, we derive hypotheses on individual and job based determinants of PA usage. Based on a representative German data set on individual employees, we test these hypotheses and also explore the impact of PA on performance pay...

Persistent link: https://www.econbiz.de/10010268487

Subjective performance evaluation and inequality aversion

Grund, Christian; Przemeck, Judith - 2008

Many firms use subjective performance appraisal systems due to lack of objective performance measures. In these cases, supervisors usually have to rate the performance of their subordinates. Using such systems, it is a well established fact that many supervisors tend to assess the employees too...

Persistent link: https://www.econbiz.de/10010268730

Subjective Performance Evaluation and Inequality Aversion

Grund, Christian; Przemeck, Judith - Institute for the Study of Labor (IZA) - 2008

Persistent link: https://www.econbiz.de/10005761878

Individual and Job-Based Determinants of Performance Appraisal: Evidence from Germany

Grund, Christian; Sliwka, Dirk - Institute for the Study of Labor (IZA) - 2007

Persistent link: https://www.econbiz.de/10005761915

Transactions costs and the employment contract in the US economy

MacLeod, William Bentley; Parent, Daniel - 2013

costs economics provide a useful way to organize the data on compensation in the US labor market. …

Persistent link: https://www.econbiz.de/10010293243

Victimisation, Wellbeing and Compensation: Using Panel Data to Estimate the Costs of Violent Crime

Johnston, David W.; Shields, Michael A.; Suziedelyte, Agne - 2015

potential for considerable subjectivity and variation. Using unique panel data, this paper provides compensation estimates that … can help reduce the subjectivity of awards by giving a benchmark for the compensation required to offset direct and … the monetary compensation required to offset the wellbeing losses. Estimates allowing for the endogeneity of income …

Persistent link: https://www.econbiz.de/10011345371

Ex Post Inequality of Opportunity Comparisons

Fleurbaey, Marc; Peragine, Vito; Ramos, Xavi - 2015

In this paper we propose different criteria to rank income distributions according to equality of opportunity. Different from existing ones, our criteria explicitly recognize the interplay between circumstances and effort. We characterize them axiomatically and we compare them with existing...

Persistent link: https://www.econbiz.de/10011401677

Past, Present and Future Compensation Research: Economist Perspectives

Gibbs, Michael - 2017

At the 2016 Academy of Management Conference, a group of distinguished compensation researchers held a panel discussion … on the future of compensation research. Their remarks were compiled into an article published in this issue. Soon after … Lazear, Kevin J. Murphy & Canice Prendergast) doing compensation research; this article is the result. …

Persistent link: https://www.econbiz.de/10011653399

Compensation in Personal Injury Cases: Mean or Median Income?

Danziger, Leif; Katz, Eliakim - 2019

Courts typically base compensation for loss of income in personal injury cases on either mean or median work income …-whole (full) compensation and mean and median work incomes. Given that consumption uncertainty associated with compensation … generally exceeds that associated with work income, we show that the appropriate make-whole compensation exceeds mean (and …

Persistent link: https://www.econbiz.de/10012059196

High Compensation Creates a Ratchet Effect

Glazer, Amihai; Gersbach, Hans - 2004

We consider a firm which pays a worker for his effort over several periods. The more the firm pays in one period, the wealthier the worker is in the following periods, and so the more he must be paid for a given effort. This wealth effect can induce an employer to pay little initially and more...

Persistent link: https://www.econbiz.de/10010261892