Showing 1 - 10 of 181
Incentive pay systems have undergone major changes in recent decades. This paper investigates use of incentive pay systems in British and French private sector establishments in 2004, focusing on payment-by-results, merit pay, and profit sharing, using British and French workplace surveys: WERS...
Persistent link: https://www.econbiz.de/10005220065
This paper deals with the optimality of teacher incentive contracts in the presence of costly or limited government resources. It considers educational production under asymmetric information as a function of teacher effort and class size. In the presence of costly government resources and...
Persistent link: https://www.econbiz.de/10005076924
If you pay peanuts, do you get monkeys? If teachers were better paid and higher up the national income distribution, would there be an improvement in pupil performance? Peter Dolton and Oscar Marcenaro-Gutierrez examine the enormous variation in teachers' pay across OECD countries and its...
Persistent link: https://www.econbiz.de/10009351536
La Red de Investigadores sobre Académicos, conformada por miembros de diversas universidades mexicanas, participó en el estudio internacional denominado "La profesión académica en transición" coordinado por los doctores Ulrich Teichler de la Universidad de Kassel y William Cummings de la...
Persistent link: https://www.econbiz.de/10010752268
effects of performance related pay. The company uses two performance related remuneration mechanisms. One is an individual …
Persistent link: https://www.econbiz.de/10005703318
This paper reviews the evidence on the effectiveness of individual merit pay systems for teachers on student achievement, and it presents new empirical results based on a system established within a collective bargaining environment. While many merit pay systems have been established in school...
Persistent link: https://www.econbiz.de/10005141967
In standard shirking models of efficiency wages, workers are motivated only by high wages. Yet 23% of young US workers report receiving some form of performance pay. This paper extends the efficiency wage framework using the theory of self-enforcing agreements to allow for performance pay in the...
Persistent link: https://www.econbiz.de/10005074176
Using data from large-scale establishment surveys in Britain and France, we show that incentive pay for non-managers is more widespread in France than in Britain. We explain this finding in terms of the 'beneficial constraint' arising from stronger employment protection in France, which provides...
Persistent link: https://www.econbiz.de/10005037457
This paper uses the British Household Panel Survey to investigate when seniority is rewarded by automatic incremental scales. Scales are seen as an alternative to individual merit pay. They are likely to be used when individual productivity is hard to measure, when firms provide all workers with...
Persistent link: https://www.econbiz.de/10005656227
Incentive pay systems have undergone major changes in recent decades. This paper investigates use of incentive pay systems in British and French private sector establishments in 2004, focusing on payment-by-results, merit pay, and profit sharing, using British and French workplace surveys: WERS...
Persistent link: https://www.econbiz.de/10010745793