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performance incentive schemes such as profit-sharing or team incentives. The appropriate approach depends on each company's unique …
Persistent link: https://www.econbiz.de/10012510503
level of diversity of skills, knowledge, and demographics is desirable and (2) balanced team-based incentives. Employers … team-based incentives. …
Persistent link: https://www.econbiz.de/10011404909
The information technology revolution has had dramatic effects on jobs and the labor market. Many routine and manual tasks have been automated, replacing workers. By contrast, new technologies complement non-routine, cognitive, and social tasks, making work in such tasks more productive. These...
Persistent link: https://www.econbiz.de/10011662662
Can a company attract a different type of employee by changing its compensation scheme? Is it sufficient to pay more to increase employees’ motivation? Should a firm provide evaluation feedback to employees based on their absolute or their relative performance? Laboratory experiments can help...
Persistent link: https://www.econbiz.de/10011573707
Deregulation and managerial compensation are two important topics on the political and academic agenda. The former has been a significant policy recommendation in light of the negative effects associated with overly restrictive regulation on markets and the economy. The latter relates to the...
Persistent link: https://www.econbiz.de/10011404944
(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/10011404983
The aim of this paper is to provide fresh empirical evidence on the mechanisms through which wage inequality affects worker satisfaction.Theoretically, the wages of others may affect workers' utility for two main reasons: Workers may derive well-being from their social status (the comparison...
Persistent link: https://www.econbiz.de/10010331148
A pieceworker receives a fixed rate for each unit (“piece”) produced or action performed. In part, the rate reflects a cost of monitoring output. A timeworker receives a fixed wage rate per hour that, in the short term, does not vary with output performance. From the 18th century up to the...
Persistent link: https://www.econbiz.de/10011573644
Deregulation and managerial compensation are two important topics on the political and academic agenda. The former has been a significant policy recommendation in light of the negative effects associated with overly restrictive regulation on markets and the economy. The latter relates to the...
Persistent link: https://www.econbiz.de/10011984687
Der Gender Pay Gap beträgt in Deutschland 21 Prozent und ist in Teilen darauf zurückzuführen, dass Männer und Frauen in unterschiedlichen Berufen arbeiten. Allerdings sind auch innerhalb der Berufe beachtliche Verdienstunterschiede zwischen Männern und Frauen zu beobachten, deren Höhe sich...
Persistent link: https://www.econbiz.de/10011985434