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Is Seniority-Based Pay Used as a Motivation Device? : Evidence from Plant Level Data
Bayo-Moriones, Alberto; Galdon-Sanchez, José Enrique; … - 2004
incentives. They are also less likely to invest in monitoring devices. We also find that firms that offer seniority-based pay are … the provision of incentives. Unlike previous papers, we use a direct measure of seniority-based pay as well as measures of … monitoring devices and piece-rates. We find that firms that offer seniority-based pay are less likely to offer explicit …
Persistent link: https://www.econbiz.de/10010273743
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Contracts and Inequity Aversion
Englmaier, Florian; Wambach, Achim - 2002
Using the concept of Inequity Aversion we derive in a Moral Hazard setting several results which differ from conventional contract theory. Our three key insights are: First, inequity aversion plays a crucial role in the design of optimal contracts. Second, there is a strong tendency towards...
Persistent link: https://www.econbiz.de/10010315721
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Interne Arbeitsmärkte und Einsatz temporärer Arbeitsverhältnisse : Eine Fallstudie mit Daten eines deutschen Dienstleistungsunternehmens
Oberst, Mathias; Schank, Thorsten; Schnabel, Claus - 2006
Die Auswertung von Personaldaten eines deutschen Unternehmens identifiziert einige Merkmale eines internen Arbeitsmarktes für die Stammbelegschaft von dauerhaft beschäftigten Mitarbeitern. Dazu zählen eine überdurchschnittlich lange und hierarchisch zunehmende Betriebszugehörigkeit sowie...
Persistent link: https://www.econbiz.de/10010297219
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Performance Measurement and Incentive Intensity
Bayo-Moriones, Alberto; Galdon-Sanchez, Jose Enrique; … - 2015
the use of individual and group incentives boost intensity, whereas plant or firm pay for performance do not seem to …
Persistent link: https://www.econbiz.de/10011307446
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The Impact of Wage Increases on Job Satisfaction: Empirical Evidence and Theoretical Implications
Grund, Christian; Sliwka, Dirk - 2001
The impact of wage increases on job satisfaction are explored. First, it is empirically established that current job satisfaction rises with absolute wage level as well as with wage increases. Second, a basic job satisfaction function is constructed based on the empirical results, and...
Persistent link: https://www.econbiz.de/10010262591
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"The Further We Stretch the Higher the Sky" - On the Impact of Wage Increases on Job Satisfaction
Grund, Christian; Sliwka, Dirk - 2003
The impact of wage increases on job satisfaction is explored. First, it is empirically confirmed that current job satisfaction rises with the absolute wage level as well as with wage increases. Second, a basic job satisfaction function is constructed based on the empirical results, and...
Persistent link: https://www.econbiz.de/10010263056
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Reference dependent preferences and the impact of wage increases on job satisfaction: theory and evidence
Grund, Christian; Sliwka, Dirk - 2005
The impact of wage increases on job satisfaction is explored theoretically and empirically. To do this, we apply a utility function that rises with the absolute wage level as well as with wage increases. It is shown that when employees can influence their wages by exerting effort, myopic utility...
Persistent link: https://www.econbiz.de/10010267564
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Coordination under the shadow of career concerns
Koch, Alexander K.; Morgenstern, Albrecht - 2009
concerns arise. These can both be 'good' (enhancing incentives for effort in developing ideas) and 'bad' (preventing voluntary …
Persistent link: https://www.econbiz.de/10010271239
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Dream Jobs
Mion, Giordano; Opromolla, Luca David; Ottaviano, … - 2020
Understanding why certain jobs are ‘better’ than others and what implications they have for a worker’s career is clearly an important but still relatively unexplored question. We provide both a theoretical frame-work and a number of empirical results that help distinguishing ‘good’...
Persistent link: https://www.econbiz.de/10012269500
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Dream Jobs
Mion, Giordano; Opromolla, Luca David; Ottaviano, Gianmarco - 2020
Understanding why certain jobs are 'better' than others and what implications they have for a worker's career is clearly an important but still relatively unexplored question. We provide both a theoretical framework and a number of empirical results that help distinguishing 'good' from 'bad'...
Persistent link: https://www.econbiz.de/10012270149