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We present a dynamic model in which an employee of a firm searches for business projects in a changing environment. It is costly to induce the employee who found a successful project in the past period to search for a new project. Past success can therefore result in profitreducing corporate...
Persistent link: https://www.econbiz.de/10010302621
We present a dynamic model in which an employee of a firm searches for business projects in a changing environment. It is costly to induce the employee who found a successful project in the past period to search for a new project. Past success can therefore result in profitreducing corporate...
Persistent link: https://www.econbiz.de/10008695543
We attempt to formulate and explain two types of self-fulfilling prophecy, called the Pygmalion effect (if a supervisor thinks her subordinates will succeed, they are more likely to succeed) and the Galatea effect (if a person thinks he will succeed, he is more likely to succeed). To this...
Persistent link: https://www.econbiz.de/10010261169
We investigate whether referral-based hiring exacerbates or mitigates control problems. Incentive contracts can be used to attract employees with certain traits. However, whether the outcomes are positive for the firm or not depends on the quality of incentive contracts. Our research setting...
Persistent link: https://www.econbiz.de/10012839109
The term ‘incentive' (from Latin incentivum ‘something that sets the tune') is a tangible and/or intangible reward that motivates people and creates favorable environmental conditions to maximize performance to achieve specific goals in organization or competition and/or society
Persistent link: https://www.econbiz.de/10012889370
We study employee absence in Danish organizations. In contrast to Steers and Rhodes (1978), who stress the importance of individual and organizational characteristics in shaping employees' motivation to attend work, we show that absence is predominantly an individualized phenomenon. Because the...
Persistent link: https://www.econbiz.de/10011925427
The literature supports the view that the employees, who are empowered, self-determined and intrinsically motivated, have a greater degree of innovativeness. However, there is a gap between theoretical issues and practical recommendations regarding the organizational design aimed at...
Persistent link: https://www.econbiz.de/10014173206
Labor motivation is a subject of competence of the area under management of the human resources sector, which seeks to minimize employee dissatisfaction with the organization and with a view to promoting the employee's professional fulfillment. With this article we intend to make a theoretical...
Persistent link: https://www.econbiz.de/10014112525
Motivation is an important tool which can have a significant impact to improve the performance of employees in any organization and in the current competitive world, employees' commitment is crucial in achieving the organizational goals. The current research is aimed at examining the role played...
Persistent link: https://www.econbiz.de/10012116778
We analyze the effects of lower bounds on wages, e.g., minimum wages or liability limits, on job design within firms. In our model, two tasks contribute to non-veriable firm value and affect an imperfect performance measure. The tasks can be assigned to either one or two agents. In the absence...
Persistent link: https://www.econbiz.de/10010293373