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managers, coupled with bonuses based on their leadership rank among all leaders. Our intervention increased worker productivity …In teamwork settings, providing effective leadership can be challenging for team leaders due to multitasking and the … difficulty in measuring and rewarding leadership input. These challenges might lead to underprovision of leadership activities …
Persistent link: https://www.econbiz.de/10014344730
leader' model of leadership. We differentiate between four kinds of leaders according to their level of inherent knowledge … and mechanics compared with leaders who were principally managers or engineers with degrees. There is a notable …
Persistent link: https://www.econbiz.de/10013103487
that has been addressed in the management literature. In a new 'theory of expert leadership' (TEL), this paper blends …-business industry; and (3) leadership capabilities, which include management skills and a leader's innate characteristics. This paper …
Persistent link: https://www.econbiz.de/10013105998
This paper presents the results of a laboratory experiment in which workers perform a real-effort task and supervisors report the workers' performance to the experimenter. The report is non verifiable and determines the earnings of both the supervisor and the worker. We find that not all the...
Persistent link: https://www.econbiz.de/10013121746
A large, mature and robust economic literature on pay for performance now exists, which provides a useful framework for thinking about pay for performance systems. I use the lessons of the literature to discuss how to design and implement pay for performance in practice
Persistent link: https://www.econbiz.de/10013110857
In our simple model the supervisor: i) cannot observe the agent's effort; ii) aims at inducing the agent to exert high effort; but iii) can only offer rewards based on performance. Since performance is only stochastically related to effort, evaluation errors may occur. In particular, deserving...
Persistent link: https://www.econbiz.de/10013112772
Supervisors occupy central roles in production and performance monitoring. We study how heterogeneity in performance evaluations across supervisors affects employee and supervisor careers and firm outcomes using data on the performance system of a Scandinavian service sector firm. We show that...
Persistent link: https://www.econbiz.de/10012957486
We use data on British football managers and teams over the 1994-2007 period to study substitution and complementarity … equal, managers who themselves played at a higher level raise the productivity of less-skilled teams by more than that of … subordinates the skills needed to succeed, since less skilled players have more to learn. We also find that managers with more …
Persistent link: https://www.econbiz.de/10013153492
When designing incentives for a manager, the trade-off between insurance and a "good" allocation of effort across various tasks is often identified with a trade-off between the responsiveness (sensitivity, precision, signal-noise ratio) of the performance measure and its similarity (congruity,...
Persistent link: https://www.econbiz.de/10013317592
mitigated by pay-for-performance incentives for managers who decide upon promotion. Second, we analyze matched employer … indeed substantially higher when managers receive performance-related pay or participate in gain sharing plans …
Persistent link: https://www.econbiz.de/10013128837