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, which can ultimately impede the productivity of the team. To address this problem, we conduct a field experiment at a … managers, coupled with bonuses based on their leadership rank among all leaders. Our intervention increased worker productivity … by approximately 7%, while leaving team leaders' productivity unchanged, and was profitable for the firm. During the …
Persistent link: https://www.econbiz.de/10014278019
incentives; ¦S Plans of assigning wages out of productivity; ¦S Plans of distribution of profits and respectively ¦S Plans of … economic development associated to the West European states. It proposes the division of flexibility in three components …, namely: internal flexibility, external flexibility and wage flexibility. The analysis performed within the present study will …
Persistent link: https://www.econbiz.de/10005120963
This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. In a first … step we elicit subjects' productivity levels. Subjects then face the choice between a fixed or a variable payment scheme …) compared to the fixed payment scheme. Second, this difference is largely driven by productivity sorting. On average, the more …
Persistent link: https://www.econbiz.de/10010267618
consistently that the introduction of a PSP or a TIP will lead to a significant increase in productivity (about 10 percent) whereas … no such evidence found for ESOPs or SOPs. We also find that the productivity payoff appears to be more long-lasting for … complements in their productivity effects …
Persistent link: https://www.econbiz.de/10013139059
This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. In a first … step we elicit subjects’ productivity levels. Subjects then face the choice between a fixed or a variable payment scheme …) compared to the fixed payment scheme. Second, this difference is largely driven by productivity sorting. On average, the more …
Persistent link: https://www.econbiz.de/10005703774
We run a field experiment to investigate whether competing in rank-order tournaments with different prize spreads affects individual performance. Our experiment involved students from an Italian University who took an intermediate exam in which one part was awarded on the basis of their relative...
Persistent link: https://www.econbiz.de/10011455813
gift reciprocate with greater loyalty and effort. But ESPPs diverge from standard gift exchange or efficiency wage models …
Persistent link: https://www.econbiz.de/10010414209
comparison group in China, we examine how both psychological and financial incentives, together with attitudes toward risk, may … rank-based financial incentives. Our results show that performance-ranking information had a significant motivational … effect on average performance for students, but not for that of workers. Adding financial incentives based on rank provided …
Persistent link: https://www.econbiz.de/10011407820
This paper studies how asymmetric information over inputs affects workers' response to incentives and self-selection at … input quality and worker type. Firm profits increase differentially from high productivity workers, but absenteeism and … and managers shape the response to incentives and self-selection at the workplace. …
Persistent link: https://www.econbiz.de/10012147088
Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but …,700 participants), we vary the salience of team identity, social-image concerns, and whether teams face monetary incentives. Increased … monetary incentives improve all teams’ outcomes without crowding out teams’ willingness to explore or perform similar tasks …
Persistent link: https://www.econbiz.de/10012597694