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Multi-rater performance evaluations and incentives
Ockenfels, Axel; Sliwka, Dirk; Werner, Peter - 2024
We compare evaluations of employee performance by individuals and groups of supervisors, analyzing a formal model and running a laboratory experiment. The model predicts that multi-rater evaluations are more precise than single-rater evaluations if groups rationally aggregate their signals about...
Persistent link: https://www.econbiz.de/10014493793
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Multi-rater performance evaluations and incentives
Ockenfels, Axel; Sliwka, Dirk; Werner, Peter - 2024
We compare evaluations of employee performance by individuals and groups of supervisors, analyzing a formal model and running a laboratory experiment. The model predicts that multi-rater evaluations are more precise than single-rater evaluations if groups rationally aggregate their signals about...
Persistent link: https://www.econbiz.de/10014552994
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Misaligning Incentives in Teams : Unique Implementation with Optimal Monitoring
Cusumano, Carlo; Gan, Tan; Pieroth, Ferdinand - 2023
sophisticated ways to misalign workers’ incentives can be used to extract the full surplus from a team of workers growing …
Persistent link: https://www.econbiz.de/10014345642
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Rank Uncertainty in Organizations
Halac, Marina - 2020
A principal incentivizes a team of agents to work by privately offering them bonuses contingent on team success. We …
Persistent link: https://www.econbiz.de/10012839589
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Tournaments, individualized contracts and career concerns
Koch, Alexander K. (contributor);  … - 2005
Young professionals typically do not enter into life-long employment relations with a single firm. Therefore, future employers can learn about individuals' abilities from the observable facts regarding earlier work relations. We show that these informational spill-overs have profound...
Persistent link: https://www.econbiz.de/10003275078
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Tournaments, Individualized Contracts and Career Concerns
Koch, Alexander K.; Peyrache, Eloic - 2021
Young professionals typically do not enter into life-long employment relations with a single firm. Therefore, future employers can learn about individuals' abilities from the observable facts regarding earlier work relations. We show that these informational spill-overs have profound...
Persistent link: https://www.econbiz.de/10013318139
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Incentivizing team leaders : a firm-level experiment on subjective performance evaluation of leadership skills
Gall, Thomas; Hu, Xiaocheng; Vlassopoulos, Michael - 2023
In teamwork settings, providing effective leadership can be challenging for team leaders due to multitasking and the …, which can ultimately impede the productivity of the team. To address this problem, we conduct a field experiment at a … manufacturing firm, introducing a relative subjective performance evaluation of team leaders' leadership activities by their …
Persistent link: https://www.econbiz.de/10014278019
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Variable payment schemes and productivity : do individual-based schemes really have a stronger influence than collective ones?
Jirjahn, Uwe; Mohrenweiser, Jens - 2023
While studies on individual-based and collective payment schemes are largely unconnected, there appears to be a widely held belief that individual-based schemes have a stronger influence on firm performance than collective ones. This also applies to an index of best management practices...
Persistent link: https://www.econbiz.de/10014306872
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Variable payment schemes and productivity : do individual-based schemes really have a stronger influence than collective ones?
Jirjahn, Uwe; Mohrenweiser, Jens - 2023
While studies on individual-based and collective payment schemes are largely unconnected, there appears to be a widely held belief that individual-based schemes have a stronger influence on firm performance than collective ones. This also applies to an index of best management practices...
Persistent link: https://www.econbiz.de/10014310847
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Evidence on Incentive Effects of Subjective Performance Evaluations
Riphahn, Regina T. - 2011
The authors investigate the effect of managerial performance evaluation styles on employee work effort. Using panel data on 4,080 employees in a Swiss unit of an international company for the period 1999-2002, they test two hypotheses using paid and unpaid overtime work as effort indicators. The...
Persistent link: https://www.econbiz.de/10013125219