higher under an incentives–based contract but, in reality, there are companies that employ people via fixed–salary contracts …, and due to behavioral elements, compensation contracts will become inefficient; however, inefficiency may be reduced by …

to tighten and reduce, if not prohibit, the use of temporary employment contracts (TECs) and job outsourcing. This paper …-called employment "contractualization", a policy proposal currently popular with voters and politicians. The idea is for the government … functioning of efficient labor markets, the experience of European countries regarding TECs, and Philippine employment data. The …