Questions about compensation structures and incentive effects of pay-for-performance components are important for firms' Human Resource Management as well as for economics in general and labor economics in particular. This paper provides scarce insider econometric evidence on the structure and...

Human capital and deferred compensation might explain why firms employ but do not hire older workers. Adjustments of wage-tenure profiles for older new entrants are explored in the context of deferred compensation. From an equity theory perspective, such adjustments might lead to adverse...

Fixed-term contracts (FTCs), an important feature of the employment relationship of the peripheral workforce, are analysed to test the following two hypotheses, which are based on dual labour market theory: (i) Firms use FTCs for the peripheral workforce to adjust the level of employment to the...