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Implementing performance pay requires that workers' output be measured. Whenmeasurement costs differ among firms, those with a measurement cost advantage choose toimplement performance pay. They attract the best workers, and both the level and variabilityof compensation are higher at these firms...
Persistent link: https://www.econbiz.de/10005862076
To investigate the size and the timing of the direct impact of participatory arrangements onbusiness performance, we assemble and analyze extraordinary daily data – for rejection,production and downtime rates for all operators in a single plant during a 35 month period,more than 77,000...
Persistent link: https://www.econbiz.de/10005862585
In this paper we document the wage structure and labor mobility in the Netherlands in theperiod 1999-2003. We explain the importance of wage-setting institutions in the Netherlandsand the main actors. The analyses are based on administrative sources allowing forcomparisons between and within...
Persistent link: https://www.econbiz.de/10005862602
This paper provides a systematic empirical investigation of the effect of product marketliberalization on employment when there are interactions between policies and institutions inproduct and labor markets...
Persistent link: https://www.econbiz.de/10005863030
This paper describes psychological contracts and how they are created. Even though the phenomenon of the psychological contract can be observed in a variety of relationships, this paper solely discusses psychological contracts in business settings. The paper discusses in particular how...
Persistent link: https://www.econbiz.de/10005864228
Existing work on wage bargaining (as exemplified by Cukierman and Lippi, 2001) typicallypredicts more aggressive wage setting under monetary union. This insight has not beenconfirmed by the EMU experience, which has been characterised by wage moderation,thereby eliciting criticism from Posen and...
Persistent link: https://www.econbiz.de/10005866574
Instituting an initial round of centralized wage setting before an ultimate round ofdecentralized wage bargaining may raise actually raise employment. A general multiequilibriummodel is presented with strategic complementarities in theimplementation of a new technology through aggregate demand...
Persistent link: https://www.econbiz.de/10005868947
This paper develops a theoretical framework of professional sports leagueswhich captures the bargaining process of sporting labour market negotiations. A transfer market, which does not have a counterpart in other labour markets butit is an implicit and ubiquitous component of the market for...
Persistent link: https://www.econbiz.de/10005869184
This paper examines the impact of robotisation on workplace safety in EU manufacturing sectors between 2011 and 2019. To address endogeneity concerns, we employ an instrumental variable approach and find that robot adoption reduces both injuries and fatalities. Specifically, a 10% increase in...
Persistent link: https://www.econbiz.de/10015209801
This paper explores the dynamics of labor relations, trade unionism, and social conflicts in the Democratic Republic of the Congo (DRC) within the context of capitalism. Through a literature review and visual data, we analyze the challenges and opportunities faced by trade unions, the common...
Persistent link: https://www.econbiz.de/10015213831