Performance Pay and Wage Inequality

We document that an increasing fraction of jobs in the U.S. labor market explicitly payworkers for their performance using bonuses, commissions, or piece-rates. We find thatcompensation in performance-pay jobs is more closely tied to both observed (by theeconometrician) and unobserved productive characteristics of workers...

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Year of publication:	2007-06-01
Authors:	Lemieux, Thomas ; MacLeod, William Bentley ; Parent, Daniel
Institutions:	Forschungsinstitut zur Zukunft der Arbeit <Bonn>
Subject:	Vergütung \| payment \| Prämienlohn \| rank incentives

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Extent:	516096 bytes 48 p. application/pdf
Series:	IZA - Forschungsinstitut zur Zukunft der Arbeit - Discussion Papers IZA Discussion Paper ; No. 2850 (2007)
Type of publication:	Book / Working Paper
Language:	English
Classification:	J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc ; J33 - Compensation Packages; Payment Methods ; Pay salaries and social benefits ; Individual Working Papers, Preprints ; USA
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005862774