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This paper studies wage structure characteristics and their incentive effects within one firm. Based on personnel records and an employee survey, we provide evidence that wages are attached to jobs and that promotions play a dominant role as a wage determinant. We furthermore show that a...
Persistent link: https://www.econbiz.de/10011337995
Labor market opportunities and wages may be unfair for various reasons, and how workers respond to different types of unfairness can have major economic consequences. Using an online labor platform, where workers engage in an individual task for a piece-rate wage, we investigate the causal...
Persistent link: https://www.econbiz.de/10012843159
Labor market opportunities and wages may be unfair for various reasons, and how workers respond to different types of unfairness can have major economic consequences. Using an online labor platform, where workers engage in an individual task for a piece-rate wage, we investigate the causal...
Persistent link: https://www.econbiz.de/10012844117
Labor market opportunities and wages may be unfair for various reasons, and how workers respond to different types of unfairness can have major economic consequences. Using an online labor platform, where workers engage in an individual task for a piece-rate wage, we investigate the causal...
Persistent link: https://www.econbiz.de/10012161104
Effort-biased technological change and other explanations for work intensification are investigated. It is hypothesised that technological and organizational changes are one important source of work intensification and supportive evidence is found using establishment data for Britain in the...
Persistent link: https://www.econbiz.de/10010290642
The limited lateral entry and rigid pay structure for U.S. military personnel present challenges in retaining skilled individuals who have attractive options in the civilian labor market. One tool the services use to address this challenge is the Selective Reenlistment Bonus (SRB), which offers...
Persistent link: https://www.econbiz.de/10010513381
Employees often learn about their ability while working, and the resulting beliefs interact with pay incentives to … job, dynamic selection, effort, and variation in pay incentives. The empirical analysis is based on unique data from a US … which pay incentives affect employment outcomes, profits, and compensation. Under the implemented and the profit …
Persistent link: https://www.econbiz.de/10012972627
This paper is an extensive review of agency theory applied to labour incentives. It introduces a generalised principal … insurance against incentives is enriched by bringing in the contribution of established extensions and new approaches to the … agency theory and, to a larger extent, labour incentives …
Persistent link: https://www.econbiz.de/10013007926
We measure the response of physicians to monetary incentives using matched administrative and time-use data on … services. Our results confirm that physicians respond to incentives in predictable ways. The own-price substitution effects of …
Persistent link: https://www.econbiz.de/10011870769
incentives to keep executives incentivized after the loss of valuable outside employment options. Consistent with this argument … (pay gap) tournament incentives, hence provide novel evidence on a new executive pay gap determinant …
Persistent link: https://www.econbiz.de/10014350043