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Short-Time Compensation and Establishment Exit : An Empirical Analysis with French Data

Calavrezo, Oana - 2010

According to the French law, the short-time compensation (STC) program aims at avoiding redundancies during short-term downturns. Even if it does not shield establishments from redundancies (Calavrezo, Duhautois and Walkowiak, 2009a), STC can preserve an establishment's survival. This paper...

Persistent link: https://www.econbiz.de/10013141733

Turning Relative Deprivation into a Performance Incentive Device

Stark, Oded; Kosiorowski, Grzegorz - 2021

The inclination of individuals to improve their performance when it lags behind that of others with whom they naturally compare themselves can be harnessed to optimize the individuals' effort in work and study. In a given set of individuals, we characterize each individual by his relative...

Persistent link: https://www.econbiz.de/10013250257

The 'Sales Agent' Problem : Effort Choice Under Performance Pay as Behavior Toward Risk

Zubanov, Nikolay - 2017

We present a model and an experiment that show, in a very general setting, that effort choice under a given linear pay-for-performance contract depends on how the financial risk associated with the scheme interacts with effort. We find that, under a given contract, if risk increases with effort,...

Persistent link: https://www.econbiz.de/10012962312

The Timing of Discretionary Bonuses : Effort, Signals, and Reciprocity

Boosey, Luke - 2018

In a real-effort experiment, we investigate how the timing of discretionary bonuses affects the relationship between … workers and managers. Average output is substantially higher if bonuses are paid in the middle rather than upfront or at the …

Persistent link: https://www.econbiz.de/10012915741

Social Norms and Economic Incentives in Firms

Huck, Steffen - 2010

This paper studies the interplay between economic incentives and social norms in firms. We introduce a general framework to model social norms arguing that norms stem from agents' desire for, or peer pressure towards, social efficiency. In a simple model of team production we examine the...

Persistent link: https://www.econbiz.de/10013136669

Link between Pay for Performance Incentives and Physician Payment Mechanisms : Evidence from the Diabetes Management Incentive in Ontario

Kantarevic, Jasmin - 2012

Pay for performance (P4P) incentives for physicians are generally designed as additional payments that can be paired with any existing payment mechanism such as salary, fee-for-service, and capitation. However, the link between the physician response to performance incentives and the existing...

Persistent link: https://www.econbiz.de/10013107695

Base Salaries, Bonus Payments, and Work Absence Among Managers in a German Company

Pfeifer, Christian - 2013

insider econometric evidence on the structure and the incentive effects of fixed base salaries, paid bonuses, and agreed … bonuses under a Management-by-Objectives (MBO) incentive scheme. Six years of personnel data of 177 managers in a German … company are analyzed. The main findings are: (1) base salaries increase significantly with age, whereas bonuses decrease with …

Persistent link: https://www.econbiz.de/10013089005

Incentive Pay and Performance : Insider Econometrics in a Multi-Unit Firm

Bogaard, Hein - 2013

We exploit organizational reforms in a foreign-owned bank in Central-East Europe to study the implementation of modern HRM policies in an emerging market context. We have branch-level data and use our knowledge of the process that led to the adoption of the reforms to implement two estimators...

Persistent link: https://www.econbiz.de/10013071738

Dynamic Incentive Effects of Relative Performance Pay : A Field Experiment

Delfgaauw, Josse - 2013

We conduct a field experiment among 189 stores of a retail chain to study dynamic incentive effects of relative performance pay. Employees in the randomly selected treatment stores could win a bonus by outperforming three comparable stores from the control group over the course of four weeks....

Persistent link: https://www.econbiz.de/10013074203

Monetary Rewards, Hierarchy Level and Working Hours as Drivers of Employees' Self-Evaluations

Grund, Christian; Soboll, Alexandra - 2023

In this study, we explore the relation between job characteristics and employees' self-evaluations of performance in comparison to their colleagues' performance. Making use of unique individual panel data of ten large firms in Germany's chemical industry, we focus on monetary rewards (bonus...

Persistent link: https://www.econbiz.de/10014345292