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assess whether rewarding collective performance necessarily promotes cooperation. We show that such team structure creates … countries. In the UK, the scheme designers favoured collective performance pay with the aim to foster cooperation across offices …. The resulting team structure included several offices (subteams) within the same team, defined by the remuneration scheme …
Persistent link: https://www.econbiz.de/10010287638
intensity of team incentives and several survey measures of cooperation. Moreover, higher powered team incentives are associated …We empirically investigate the impact of incentive scheme structure on the degree of cooperation in firms using a … importance of individual, team, and company performance for compensation, we find a significant positive relation between the …
Persistent link: https://www.econbiz.de/10010278772
In this contribution we examine the interrelation between intra-firm wage increases and firm performance. Previous studies have focused on the dispersion of wages in order to examine for the empirical dominance of positive monetary incentives effects compared to adverse effects due to fairness...
Persistent link: https://www.econbiz.de/10010277232
This empirical paper documents the relationship between composition of a firm's workforce (with a special focus on age and gender) and its performance (productivity and profitability) for a large representative sample of enterprises from manufacturing industries in Germany. We use unique newly...
Persistent link: https://www.econbiz.de/10010282402
This paper examines whether the introduction of corporate governance (CG) reforms in general and that of transparency and disclosure (T&D) rules in particular can necessarily boost firm performance. Existing literature suggests that CG reforms can boost performance because it can resolve the...
Persistent link: https://www.econbiz.de/10010282468
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
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
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/10010278589
Are women disproportionately attracted to work environments where cooperation rather than competition is rewarded? This … and a team-based payment scheme. We find that women are more likely than men to select team-based compensation in our … baseline treatment, but women and men join teams with equal frequency when we add an efficiency advantage to team production …
Persistent link: https://www.econbiz.de/10010280692
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/10010282221