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throughout the economy and include contracts linking CEO pay directly to firm performance, annual bonus schemes, the posting of … performance bonds, and holding company stock. These incentive mechanisms appear to complement rather than substitute for one … another. The elasticity of pay with respect to company performance is one or more in two-fifths of the cases where CEO's have …
Persistent link: https://www.econbiz.de/10010745536
literature on the prevalence and correlates of performance bonds posted by corporate executives. We show that they are an … important feature in today's CEO labour market in China: around one-tenth of corporations deploy performance bonds and they are …
Persistent link: https://www.econbiz.de/10011126044
We analyze the impact of interim ranking on the risk taking and performance behaviour of professional athletes …
Persistent link: https://www.econbiz.de/10011071349
to performance. For the first time we employ a Hodrick-Prescott Filter, a methodology widely used in macroeconomics to …
Persistent link: https://www.econbiz.de/10010884735
The introduction of performance-related pay and performance management schemes in the maintained, state, school sector … and head teachers with Department for Education and Skills school performance data to consider the operation and impact of … related to rising pupil academic performance. …
Persistent link: https://www.econbiz.de/10010745401
significant examples in which its use has been associated with improved performance. A good part of this is to be explained by the … way performance pay links pay and appraisal, and the pressure this puts on line managers to set clearer goals for their …
Persistent link: https://www.econbiz.de/10010746213
not significantly reduce the performance sensitivity of CEO compensation as compared to non-union firms. These results are …
Persistent link: https://www.econbiz.de/10010746287
Many organizations rely on teamwork, and yet field evidence on the impacts of team-based incentives remains scarce. Compared to individual incentives, team incentives can affect productivity by changing both workers’ effort and team composition. We present evidence from a field experiment...
Persistent link: https://www.econbiz.de/10011125956
performance of the firm and the effort of workers in total. For workers who buy subsidized shares, an ESPP sets up a group … of workers' compensation depend on company performance. …
Persistent link: https://www.econbiz.de/10011126459
A substantial body of research investigates the design of incentives in firms, yet less is known about incentives in organizations that hire individuals to perform tasks with positive social spillovers. We conduct a field experiment in which agents hired by a public health organization are...
Persistent link: https://www.econbiz.de/10011126557