This paper examines the effect of wage variation on individual wages. The results reveal that wage variation by … literature on the issue, both results are consistent with the notion of wage compensation for risk-averse workers. However, our … results show that the impact of wage-variation on wages is not reasonably described by a single parameter for all individuals …

Brazil's public-sector wage bill is comparatively high. It grows inertially and competeswith other spending …. Rightsizing the wage bill could stimulate administrative efficiencyand bring more equity into a system where public employees earn … reviewof the compensation structure should rationalize the multitude if wage grids, mergeallowances into the base wage, and …

This paper examines the effect of wage variation on individual wages. The results reveal that wage variation by … literature on the issue, both results are consistent with the notion of wage compensation for risk-averse workers. However, our … results show that the impact of wage-variation on wages is not reasonably described by a single parameter for all individuals …

efficiency-wage hypothesis. (1) Does paying workers higher relative wages ex ante result in better ex post actual performance … paying higher wages outweigh the costs? The data enable us to perform powerful tests of wage-performance relations because … performance (measured by customer satisfaction, revenues, and profit) is increasing in the relative wage, and that higher …