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We combine profit sharing for high-skilled workers and outsourcing of low-skilled tasks in partly imperfect dual … of profit sharing influence flexible outsourcing and low-skilled labour market outcome. Profit sharing has a positive … effect on the low-skilled wage and thus an outsourcing enhancing character. Profit sharing for high-skilled workers increases …
Persistent link: https://www.econbiz.de/10009309507
We combine profit sharing for high-skilled workers and outsourcing of low-skilled tasks in partly imperfect dual … of profit sharing influence flexible outsourcing and low-skilled labour market outcome. Profit sharing has a positive … effect on the low-skilled wage and thus an outsourcing enhancing character. Profit sharing for high-skilled workers increases …
Persistent link: https://www.econbiz.de/10013315998
Profit sharing can lead to higher productivity and thus to higher firm profitability and employee wages. It may also … profit sharing increases earnings fluctuations, it also increases earnings growth in the longer term. As with any group … incentive plan, profit sharing may result in some workers benefiting from the effort of others without themselves exerting …
Persistent link: https://www.econbiz.de/10011434022
pay and performance. To the extent that product-market competition can affect the incentive schemes offered by firms to … their executives, the analysis of the effects of competition on the structure of compensation may be informative for policy …
Persistent link: https://www.econbiz.de/10011427661
Persistent link: https://www.econbiz.de/10001353066
The paper introduces a novel experimental procedure to elicit individual preferences for competition. In contrast to … the competitiveness measure by Niederle and Vesterlund (2007), the design disentangles preferences for competition from … preferences for competition is confirmed, however in contrast to existing studies it is unconfoundedly identified. Further more …
Persistent link: https://www.econbiz.de/10013080596
In standard promotion tournaments, contestants are ranked based on their output or productivity. We argue that workers’ career progression may also depend on their relative rankings in dimensions a priori unrelated to their job performance, such as visibility or in-person presence. Such...
Persistent link: https://www.econbiz.de/10014345961
Equity-based compensation causes increases in firms' share count and dilutes Earnings Per Share (EPS), which provides firms with an incentive to raise EPS using either share buybacks or earnings management. We employ a regression discontinuity framework to provide evidence of a causal link...
Persistent link: https://www.econbiz.de/10012853424
We examine differences in CEO achievement of EPS goals set separately through analyst forecasts and firm bonus plans. Having different goals for the same performance metric enables us to assess their relative importance in incentivizing CEOs. We find CEOs frequently achieve analyst forecasts,...
Persistent link: https://www.econbiz.de/10011800636