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Bonuses and performance evaluations
Sliwka, Dirk - In: IZA World of Labor (2020)
performance incentive schemes such as profit-sharing or team incentives. The appropriate approach depends on each company's unique …
Persistent link: https://www.econbiz.de/10012510503
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How should teams be formed and managed?
Owan, Hideo - In: IZA World of Labor (2014)
level of diversity of skills, knowledge, and demographics is desirable and (2) balanced team-based incentives. Employers … team-based incentives. …
Persistent link: https://www.econbiz.de/10011404909
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How should teams be formed and managed?
Owan, Hideo - In: IZA World of Labor (2014) August, pp. 1-10
level of diversity of skills, knowledge, and demographics is desirable and (2) balanced team-based incentives. Employers … team-based incentives. …
Persistent link: https://www.econbiz.de/10011143958
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Can lab experiments help design personnel policies?
Villeval, Marie Claire - In: IZA World of Labor (2016)
Can a company attract a different type of employee by changing its compensation scheme? Is it sufficient to pay more to increase employees’ motivation? Should a firm provide evaluation feedback to employees based on their absolute or their relative performance? Laboratory experiments can help...
Persistent link: https://www.econbiz.de/10011573707
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How is new technology changing job design?
Gibbs, Michael - In: IZA World of Labor (2017)
The information technology revolution has had dramatic effects on jobs and the labor market. Many routine and manual tasks have been automated, replacing workers. By contrast, new technologies complement non-routine, cognitive, and social tasks, making work in such tasks more productive. These...
Persistent link: https://www.econbiz.de/10011662662
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Multitasking at work: Do firms get what they pay for?
Bartel, Ann P. - In: IZA World of Labor (2017)
To align employees’ interests with the firm’s goals, employers often use performance-based pay, but designing such a compensation plan is challenging because performance is typically multifaceted. For example, a sales employee should be incentivized to sell the company’s product, but a...
Persistent link: https://www.econbiz.de/10011662680
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Market competition and executive pay
Ferreira, Priscila - In: IZA World of Labor (2015)
Deregulation and managerial compensation are two important topics on the political and academic agenda. The former has been a significant policy recommendation in light of the negative effects associated with overly restrictive regulation on markets and the economy. The latter relates to the...
Persistent link: https://www.econbiz.de/10011404944
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Performance-related pay and labor productivity
Lucifora, Claudio - In: IZA World of Labor (2015)
(individual or group performance) and its design (commissions, piece-rate or sharing schemes). Individual incentives demonstrate … the largest effect, while group or team incentives are smaller in magnitude. The case for government intervention through … tax breaks and other financial incentives is highly debated due to differences across firms and the potential for economic …
Persistent link: https://www.econbiz.de/10011404983
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The rise and fall of piecework
Hart, Robert A. - In: IZA World of Labor (2016)
A pieceworker receives a fixed rate for each unit (“piece”) produced or action performed. In part, the rate reflects a cost of monitoring output. A timeworker receives a fixed wage rate per hour that, in the short term, does not vary with output performance. From the 18th century up to the...
Persistent link: https://www.econbiz.de/10011573644
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Market competition and executive pay
Ferreira, Priscila - In: IZA World of Labor (2019)
Deregulation and managerial compensation are two important topics on the political and academic agenda. The former has been a significant policy recommendation in light of the negative effects associated with overly restrictive regulation on markets and the economy. The latter relates to the...
Persistent link: https://www.econbiz.de/10011984687