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We conducted a randomized field experiment to examine how workers respond to wage cuts, and whether their response depends on the wages paid to coworkers. Workers were assigned to teams of two, performed identical individual tasks, and received the same performance-independent hourly wage....
Persistent link: https://www.econbiz.de/10010316865
This paper addresses the question of how farmers displaced by acquisition of agricultural land for the purpose of industrialization ought to be compensated. Prior to acquisition, the farmers are leasing in land from a landlord, either a private owner or a local government. There are three sets...
Persistent link: https://www.econbiz.de/10010280066
compensation because it identifies a set of theoretical constructs for determining the appropriate balance between these components …. However, there is no evidence on the performance impact of a compensation plan designed on the theoretical basis of TCA. This … the relationship between the compensation design and the company and salesforce performance. Our results permit us to …
Persistent link: https://www.econbiz.de/10010280374
In our simple model the supervisor: i) cannot observe the agent's effort; ii) aims at inducing the agent to exert high effort; but iii) can only offer rewards based on performance. Since performance is only stochastically related to effort, evaluation errors may occur. In particular, deserving...
Persistent link: https://www.econbiz.de/10010282338
This study examines the determinants of CEO compensation using data from a nationally representative sample of …
Persistent link: https://www.econbiz.de/10010283498
We put together the different conceptual issues involved in measuring inequality of opportunity, discuss how these concepts have been translated into computable measures, and point out the problems and choices researchers face when implementing these measures. Our analysis identifies and...
Persistent link: https://www.econbiz.de/10010283980
characteristics and stock market developments influence the adoption and targeting of stock option compensation. Stock option adoption … more likely to use stock option compensation; (ii) share returns from the past year affect the adoption of targeted stock …
Persistent link: https://www.econbiz.de/10010285168
tied to firm performance, because only a worker in a good quality firm would be willing to defer compensation to an … to defer compensation to an uncertain future, getting paid only if the firm succeeds. Moreover, in an important pooling …
Persistent link: https://www.econbiz.de/10010285589
workplace cheating. Firms often use bonus-based compensation plans, such as group bonuses and firm-wide profit sharing, that … induce considerable uncertainty in how much workers are paid. Exposing workers to a compensation scheme based on random … employer's compensation scheme. …
Persistent link: https://www.econbiz.de/10010287630
components of the compensation structure, unions should not treat both genders similarly with respect to wages and benefits. …
Persistent link: https://www.econbiz.de/10010287679