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This paper examines the effects of performance pay on earnings using linked employee-employer panel data from Finland. These payroll data contain information on the exact share of earnings obtained and hours worked on a performance pay contract. Using these data, we estimate the effects of...
Persistent link: https://www.econbiz.de/10010269236
(individual or group performance) and its design (commissions, piece-rate or sharing schemes). Individual incentives demonstrate … the largest effect, while group or team incentives are smaller in magnitude. The case for government intervention through … tax breaks and other financial incentives is highly debated due to differences across firms and the potential for economic …
Persistent link: https://www.econbiz.de/10011431686
Incentive schemes not only influence the effort provision of workers, but might also induce sorting. As drivers of self-selection, the literature mainly focuses on measures of productivity; however, other variables, such as preferences, beliefs and personality, also play a role. With this paper,...
Persistent link: https://www.econbiz.de/10010319744
This article puts the relationship between wage dispersion and firm productivity to an updatedtest, taking advantage of access to detailed Belgian linked employer-employee panel data.Controlling for simultaneity issues, time-invariant workplace characteristics and dynamics inthe adjustment...
Persistent link: https://www.econbiz.de/10009353908
To study the role of talent in finance workers' pay, we exploit a special feature of the French higher education system. Wage returns to talent have been significantly higher and have risen faster since the 1980s in finance than in other sectors. Both wage returns to project size and the...
Persistent link: https://www.econbiz.de/10012905021
This paper develops a new method to study how workers' career and wage profiles are shaped by internal labor markets (ILM) and job hierarchies in firms. Our paper tackles the conceptual challenge of organizing jobs within firms into hierarchy levels by proposing a data-driven ranking method...
Persistent link: https://www.econbiz.de/10012800774
This paper develops a new method to study how workers’ career and wage profiles are shaped by internal labor markets (ILM) and job hierarchies in firms. Our paper tackles the conceptual challenge of organizing jobs within firms into hierarchy levels by proposing a data-driven ranking method...
Persistent link: https://www.econbiz.de/10012603891
Firms commonly use probation to evaluate new hires before making long-term commitments. Workers accepting jobs with a high initial risk of dismissal may expect compensation for this risk. Utilizing an original dataset of Japanese online job ads, this study employs propensity score matching and...
Persistent link: https://www.econbiz.de/10015046387
Using panel data for West Germany and Great Britain, we show that there are striking differences in overtime work and overtime compensation in the two countries in the 1990s. Our estimates reveal that the observed overtime patterns affect both the evolution of the monthly labour earnings...
Persistent link: https://www.econbiz.de/10010262523
Using a unique nationally representative sample of U.S. establishments surveyed in both 1993 and 1996, we examine the relationship between workplace innovations and establishment productivity and wages. Using both cross-sectional and longitudinal data, we find evidence that high-performance...
Persistent link: https://www.econbiz.de/10010283410