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design of jobs. However, it still remains unclear whether these changes will lead to more centralization or more … decentralization in firms. Previous literature on this debate has focused on a strict dichotomy between the two possible directions. In … autonomy but also experience more control via stronger monitoring, while non-executive employees only experience more …
Persistent link: https://www.econbiz.de/10013480167
workers that differ in monitoring intensity as they move from time to piece rates. The application of piece rates increases … quantity, and we find that the resultant quality can be improved with sufficient monitoring. Committed workers also produce … results thus show how a firm can refine its worker selection and monitoring options together with the payment system to …
Persistent link: https://www.econbiz.de/10010329072
Using personnel and analytics data from over 10,000 skilled professionals at a large Asian IT services company, we compare productivity before and during the work from home [WFH] period of the Covid-19 pandemic. Total hours worked increased by roughly 30%, including a rise of 18% in working...
Persistent link: https://www.econbiz.de/10012597482
This paper shows that monitoring too much a partner in the initial phase of a relationship may not be optimal if the … is simple: by monitoring too much we learn less on how the partner will behave when he is not monitored. Only by giving …
Persistent link: https://www.econbiz.de/10010261760
We investigate the causal effect of conversations about performance and performance pay implementing a 2x2 field experiment in a retail chain. In the performance pay treatments, managers receive a bonus for profit increases. In the performance review treatments, managers have regular meetings...
Persistent link: https://www.econbiz.de/10012059176
This article studies how a firm fosters formal and informal interaction among its employees to create a collective identity and positively influence their effort. We develop an agency model, in which employees have both a personal and a social ideal for effort. The firm does not observe the...
Persistent link: https://www.econbiz.de/10011968530
In the context of principal-agent theory risk is largely seen as a source that causes inefficiencies and lowers incentives and accordingly is not in the principal’s interest. In this paper I compare two different designs of a collective tournament where output in a team is generated through a...
Persistent link: https://www.econbiz.de/10010270007
This paper explores the consequences of grouping workers into diverse divisions on the performance of employees using a dataset containing the detailed personnel records of a large U.S. firm from 1989-1994. In particular, I examine the effects of demographic dissimilarity among co-workers,...
Persistent link: https://www.econbiz.de/10010287836
Why do some leaders use praise as a means to motivate workers, while other leaders use social punishment? This paper develops a simple economic model to examine how leadership styles depend on the prevailing labor-market conditions for workers. We show that the existence of a binding wage floor...
Persistent link: https://www.econbiz.de/10012497761
We discuss a principal-agent model in which the principal has the opportunity to include a non-compete agreement in the employment contract. We show that not imposing such an agreement can be beneficial for the principal as the possibility to leave the firm generates implicit incentives for the...
Persistent link: https://www.econbiz.de/10010334129