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performance. Measured performance equals actual performance plus noise. We compare a stable environment where the noise is small … expectancy theory; noisier performance measures do not lower work motivation.<P>This discussion paper has resulted in a …
Persistent link: https://www.econbiz.de/10011255986
A worker's utility may increase with his income, but envy can make his utility decline with his employer's income. This article uses a principal-agent model to study profit-maximizing contracts when a worker envies his employer. Envy tightens the worker's participation constraint and so calls...
Persistent link: https://www.econbiz.de/10011256032
This paper studies wage structure characteristics and their incentive effects within one firm. Based on personnel records and an employee survey, we provide evidence that wages are attached to jobs and that promotions play a dominant role as a wage determinant. We furthermore show that a...
Persistent link: https://www.econbiz.de/10005144477
performance. Measured performance equals actual performance plus noise. We compare a stable environment where the noise is small … expectancy theory; noisier performance measures do not lower work motivation.<P> …
Persistent link: https://www.econbiz.de/10005144498
In this article we re-examine the relationship between group-based profit sharing and productivity. Our meta-regression analysis of 313 estimates from 56 studies controls for publication selection and misspecification biases and investigates the impact of firm level unionisation and national...
Persistent link: https://www.econbiz.de/10012915329
We study the incentive effects of grating supervisors access to objective performance information when agents work on … objective measures but assess performance subjectively by gathering information. This incentive loss is more pronounced when the … experiment conducted in a bank. In the treatment group managers obtained access to objective performance measures which raised …
Persistent link: https://www.econbiz.de/10012915743
decisions. We show that West German workers with an internal locus of control sort into jobs with performance appraisals …. We confirm that workers who are risk tolerant also sort into jobs with performance appraisals but explain why the …
Persistent link: https://www.econbiz.de/10012980324
importance of individual, team, and company performance for compensation, we find a significant positive relation between the …
Persistent link: https://www.econbiz.de/10013127348
We study the determinants of biases in subjective performance evaluations in an MTurk experiment to test the … performance. We conduct 6 experimental treatments varying (i) whether workers' pay depends on the performance evaluation, (ii … detailed performance information their ratings vary to a stronger extent with observed performance. In contrast to the model …
Persistent link: https://www.econbiz.de/10014078206
Much of the literature on performance-related pay (PRP) and poor health relies on self-reported data, and the …
Persistent link: https://www.econbiz.de/10014083925