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Many firms offer employees a remuneration package that links pay to performance as a means of motivation. It also improves efficiency and reduces turnover and absenteeism. The effects on productivity depend on the type of scheme employed (individual or group performance) and its design...
Persistent link: https://www.econbiz.de/10011431686
, decrease, or do not change in the period subsequent to adoption of profit sharing, relative to establishments that do not adopt … profit sharing. Our research contributes to knowledge by utilizing longitudinal analysis to assess the effects of profit … may affect these results. On average, employees in Canadian establishments that adopted profit sharing during 1999 …
Persistent link: https://www.econbiz.de/10013103030
the implementation of profit sharing influence flexible outsourcing? We show that in general profit sharing has a negative … a constant effort level will result so that in this case firm's optimal choice of profit sharing is zero. -- Flexible … outsourcing ; profit sharing ; labour market imperfection …
Persistent link: https://www.econbiz.de/10003824951
Efficiency wage effects of profit sharing are combined with option values related to stochastic future profit … variations. These option effects occur if the workers' profit share is fixed by long-term contracts. The Pareto-improving optimal … in a lower worker's profit ratio in both scenarios. …
Persistent link: https://www.econbiz.de/10003852227
Efficiency wage effects of profit sharing are combined with option values related to stochastic future pofit variations …. These option effects occur if the workers' profit share is fixed by long-term contracts. The Pareto-improving optimal level … worker's profit ratio in both scenarios. …
Persistent link: https://www.econbiz.de/10003903891
We combine profit sharing and outsourcing, if the wage for worker is decided by a labor union to analyze how does the … implementation of profit sharing affect individual effort and the bargained wage and thus outsourcing? We find that profit sharing … wage effect of profit sharing is ambiguous. There is a wage decreasing substitution effect, but on the other hand, there is …
Persistent link: https://www.econbiz.de/10003935073
We combine profit sharing and outsourcing, if the wage for worker is decided by a labor union to analyze how does the … implementation of profit sharing affect individual effort and the bargained wage and thus outsourcing? We find that profit sharing … wage effect of profit sharing is ambiguous. There is a wage decreasing substitution effect, but on the other hand, there is …
Persistent link: https://www.econbiz.de/10003936640
It is well known that profit sharing arrangements Pareto-dominate fixed wage contracts. Share agreements are (far) less … unions. -- Profit Sharing ; Share Economy ; Remuneration Systems …
Persistent link: https://www.econbiz.de/10003953104
and profit share. We find that in the first case outsourcing will reduce (increase) workers' income, if the labor union … sufficiently high (low) labor union's bargaining power, while in a wage and profit share bargaining system, a higher union …'s bargaining power decreases the optimal amount of outsourcing. -- Strategic outsourcing ; profit sharing ; labor market …
Persistent link: https://www.econbiz.de/10003964369
incentives and reductions in the tax rate levied on profit sharing schemes. This complementarity holds, albeit with different …
Persistent link: https://www.econbiz.de/10010433907