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Profit sharing can lead to higher productivity and thus to higher firm profitability and employee wages. It may also … profit sharing increases earnings fluctuations, it also increases earnings growth in the longer term. As with any group … incentive plan, profit sharing may result in some workers benefiting from the effort of others without themselves exerting …
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Using administrative data from a major Chinese insurance firm that raised its sales targets and rewards for insurance agents in a highly non-linear incentive system, we find that the improvement in productivity far outweighed the costs associated with bunching distortions and other gaming...
Persistent link: https://www.econbiz.de/10013244278
Using administrative data from a major Chinese insurance firm that raised its sales targets and rewards for insurance agents in a highly non-linear incentive system, we find that the improvement in productivity far outweighed the costs associated with bunching distortions and other gaming...
Persistent link: https://www.econbiz.de/10012433451
Recent research has shown that the unexplained gender wage gap is smaller in establishments where a works council is present. The finding raises the question of whether establishment-level codetermination reduces gender wage discrimination or whether it reduces a wage differential that reflects...
Persistent link: https://www.econbiz.de/10010356074
We examine whether individual-level taxes affect executives’ propensity to use nonpublic information in insider trades. We predict and find a positive relation between abnormal insider trading profitability and income tax rates. Using plausibly exogenous variation in state income tax rates, we...
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