This paper investigates the movement of cohort wages in an internal labour market of a large British financial institution. The main objective of the analysis is to establish whether movements of cohort wages over time in this particular institution are consistent with the theoretical notion of...

We model deferred compensation as a share of an uncertain future profit granted by a financially constrained employer to her employee in mutual agreement. Deferred compensation serves as a retention mechanism, helping the employer to avoid bankruptcy. The optimal combination of cash and deferred...

Using personnel and transaction data obtained from two Canadian auto dealerships, we examine whether ethnic matches between salespersons and customers affectsales prices and the number of units sold by individual salespersons. Regarding prices, we detect neither premium price setting nor...

Seit etwa einem Jahrzehnt wird von einem Wandel im Taetigkeitsfeld Personalmanagement in Richtung eines zunehmenden strategischen Einflusses in Organisationen gesprochen. Als Berufsfeld ist Personalmanagement jedoch noch empirisch wenig erkundet. Aus humankapitaltheoretischer Sicht sind zur...

A two-stage, two-person tournament is discussed, in which each player can influence the other one at the first stage by choosing help, sabotage or no action. At the second stage, the players choose effort to win the tournament. Helping and sabotaging have two effects — they influence the...

This study analyzes the relationship between discriminatory social attitudes and the variation of within-firm pay gaps by combining data on regional votes on gender equality laws with a data set of multi-establishments firms and their workers. The data set allows us for the first time to study...