Showing 1 - 10 of 1,920
Recent thinking has emphasized the importance of consistency in a firm?s compensation policy. By starting from …
Persistent link: https://www.econbiz.de/10010261986
Recent controversy has surrounded the relative value of public and private sector remuneration. We define a comprehensive measure of Total Reward (TR) which includes not just pay, but pensions and other 'benefits in kind', evaluate it as the present value of the sum of all these payments over...
Persistent link: https://www.econbiz.de/10010278521
We conducted a randomized field experiment to examine how workers respond to wage cuts, and whether their response depends on the wages paid to coworkers. Workers were assigned to teams of two, performed identical individual tasks, and received the same performance - independent hourly wage....
Persistent link: https://www.econbiz.de/10010278765
This paper shows that increasing product market competition can have a direct impact on the employment relationship and on wage inequality. I develop a simple model in which an increase in product market competition increases returns to skill through the effect of competition on the sensitivity...
Persistent link: https://www.econbiz.de/10010262659
This paper shows that increasing product market competition can have a direct impact on the employment relationship and on wage inequality. I develop a simple model in which an increase in product market competition increases returns to skill through the effect of competition on the sensitivity...
Persistent link: https://www.econbiz.de/10005703643
Recent thinking has emphasized the importance of consistency in a firm’s compensation policy. By starting from …
Persistent link: https://www.econbiz.de/10005763891
The ACA requires insurers to provide cost-sharing reductions (CSRs) to low-income consumers on the marketplaces. We link 2013-2015 All-Payer Claims Data to 2004-2013 administrative hospital discharge data from Utah and exploit policy-driven differences in the value of CSRs that are solely...
Persistent link: https://www.econbiz.de/10012179924
combining variables that represent the news media's claims (i.e. CEO compensation) and the pharmaceutical firms' rebuttals (i …; both CEO compensation and phase II development are positively correlated with R & D expenditures. However, we have reason … to believe that CEO compensation is more of an indicator of business strategy than greed. Finally, this study proposes …
Persistent link: https://www.econbiz.de/10011744529
This study uses panel data describing about 6,500 employees in a large international company to study the incentive effects of performance related pay. The company uses two performance related remuneration mechanisms. One is an individual "surprise" bonus payment. The other is a more structured...
Persistent link: https://www.econbiz.de/10010261984
We present evidence on the effect of social connections between workers and managers on productivity in the workplace … workers managed. We find that when managers are paid fixed wages, they favor workers to whom they are socially connected …
Persistent link: https://www.econbiz.de/10010269058