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In recent years, several countries have introduced non-monetary performance incentives for health care providers to improve the quality of medical care. Evidence on the effect of non-monetary feedback incentives, predominantly in the form of public quality reporting, on the quality of medical...
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effects of performance-related pay on productivity depend on the scheme type and design, with individual incentives showing …
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A growing number of econometric examinations show that works councils substantially shape the personnel policy of firms in Germany. Firms with works councils make greater use of various HRM practices. This gives rise to the question of whether employers view the shaping of personnel policy...
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We analyze optimal labor contracts when the worker is inequity averse towards the employer. Welfare is maximized for an equal sharing rule of surplus between the worker and the firm. That is, profit sharing is optimal even if effort is contractible. If the firm can make a take-it-or leave-it...
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productivity. To estimate models of adoption of these work practices and models of the effects of the work practices on … productivity, we constructed a data set on the operations of 34 production lines in U.S. steel minimills. Through site visits and … interviews, we collected longitudinal data including precise measures on productivity, work practices, and technology of each of …
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