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We investigate the causal effect of conversations about performance and performance pay implementing a 2x2 field experiment in a retail chain. In the performance pay treatments, managers receive a bonus for profit increases. In the performance review treatments, managers have regular meetings...
Persistent link: https://www.econbiz.de/10012027597
We investigate the causal effect of conversations about performance and performance pay implementing a 2x2 field experiment in a retail chain. In the performance pay treatments, managers receive a bonus for profit increases. In the performance review treatments, managers have regular meetings...
Persistent link: https://www.econbiz.de/10012867144
In a field experiment with a retail chain (1,300 employees, 193 shops), randomly selected sales teams received a bonus. The bonus increases both sales and number of customers dealt with by 3%. Each dollar spent on the bonus generates $3.80 in sales, and $2.10 in profit. Wages increase by 2.2%...
Persistent link: https://www.econbiz.de/10011712798
We test the effectiveness of team incentives by running a natural field experiment in a retail chain of 193 shops and 1,300 employees. As a response to intensified product market competition, the firm offered a bonus to shop teams for surpassing sales targets. A bonus to teams rather than...
Persistent link: https://www.econbiz.de/10011317625
workers that differ in monitoring intensity as they move from time to piece rates. The application of piece rates increases … quantity, and we find that the resultant quality can be improved with sufficient monitoring. "Committed" workers also produce … results thus show how a firm can refine its worker selection and monitoring options together with the payment system to …
Persistent link: https://www.econbiz.de/10010196479
workers that differ in monitoring intensity as they move from time to piece rates. The application of piece rates increases … quantity, and we find that the resultant quality can be improved with sufficient monitoring. Committed workers also produce … results thus show how a firm can refine its worker selection and monitoring options together with the payment system to …
Persistent link: https://www.econbiz.de/10010329072
workers that differ in monitoring intensity as they move from time to piece rates. The application of piece rates increases … quantity, and we find that the resultant quality can be improved with sufficient monitoring. "Committed" workers also produce … results thus show how a firm can refine its worker selection and monitoring options together with the payment system to …
Persistent link: https://www.econbiz.de/10010700365
Persistent link: https://www.econbiz.de/10014305395
We test the effectiveness of team incentives by running a natural field experiment in a retail chain of 193 shops and 1,300 employees. As a response to intensified product market competition, the firm offered a bonus to shop teams for surpassing sales targets. A bonus to teams rather than...
Persistent link: https://www.econbiz.de/10011345377
workers that differ in monitoring intensity as they move from time to piece rates. The application of piece rates increases … quantity, and we find that the resultant quality can be improved with sufficient monitoring. "Committed" workers also produce … results thus show how a firm can refine its worker selection and monitoring options together with the payment system to …
Persistent link: https://www.econbiz.de/10013074166