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-rider problem so they have a less strong influence on productivity than individual-based schemes. We show that this assumption is …
Persistent link: https://www.econbiz.de/10014310847
-rider problem so they have a less strong influence on productivity than individualbased schemes. We show that this assumption is …
Persistent link: https://www.econbiz.de/10014306872
Working from home reduces real-time visibility of employees within the physical space of the workplace. This makes it difficult to monitor employees' work behavior. Employers may instead monitor employees' outputs and provide incentives through performance pay. The crucial question is what type...
Persistent link: https://www.econbiz.de/10015048816
(SOPs) and Team Incentive Plans (TIPs). In do doing, we assemble important new panel data by merging data from a survey of … consistently that the introduction of a PSP or a TIP will lead to a significant increase in productivity (about 10 percent) whereas … no such evidence found for ESOPs or SOPs. We also find that the productivity payoff appears to be more long-lasting for …
Persistent link: https://www.econbiz.de/10013139059
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improves efficiency and reduces turnover and absenteeism. The effects on productivity depend on the type of scheme employed … the largest effect, while group or team incentives are smaller in magnitude. The case for government intervention through …
Persistent link: https://www.econbiz.de/10011431686
Group-based incentive pay is attractive in contexts where production is complex and interdependent, yet freeriding is a paramount concern. We assess the introduction of group-based performance pay in a modern industrial production setting using difference-in-difference estimation. Performance...
Persistent link: https://www.econbiz.de/10012804137