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We study optimal incentive contracts for workers who are reciprocal to management attention. When neither worker's effort nor manager's attention can be contracted, a double moral-hazard problem arises, implying that reciprocal workers should be given weak financial incentives. In a...
Persistent link: https://www.econbiz.de/10011377049
Using a formal principal-agent model, I investigate the relation between monetary gift-exchange and incentive pay, while allowing for worker heterogeneity. I assume that some agents care more for their principal when they are convinced that the principal cares for them. Principals can signal...
Persistent link: https://www.econbiz.de/10011379625
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. Treatment stores received weekly feedback on relative performance …. Control stores were kept unaware of their involvement, so that their performance generates exogenous variation in the relative …
Persistent link: https://www.econbiz.de/10011382591
theory, we find that a more convex prize spread increases performance in the second round at the expense of first …-round performance, although the magnitude of these effects is small. Moreover, the treatment effect is significantly larger for stores … that historically have relatively stable performance as compared to stores with more noisy performance. -- elimination …
Persistent link: https://www.econbiz.de/10009536598
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. Treatment stores received weekly feedback on relative performance …. Control stores were kept unaware of their involvement, so that their performance generates exogenous variation in the relative …
Persistent link: https://www.econbiz.de/10010196033
unannounced, public recognition on employee performance. We hired more than 300 employees to work on a three-hour data-entry task … recognition increases subsequent performance substantially, and particularly so when recognition is exclusively provided to the … best performers. Remarkably, workers who did not receive recognition are mainly responsible for this performance increase …
Persistent link: https://www.econbiz.de/10010380879
recognition on employee performance. We hired more than 300 employees to work on a three-hour data-entry task. In a random sample … subsequent performance substantially, and particularly so when recognition is exclusively provided to the best performers …. Remarkably, workers who did not receive recognition are mainly responsible for this performance increase. This result is …
Persistent link: https://www.econbiz.de/10009732805
Persistent link: https://www.econbiz.de/10009720760
recognition on employee performance. We hired more than 300 employees to work on a three-hour data-entry task. In a random sample … subsequent performance substantially, and particularly so when recognition is exclusively provided to the best performers …. Remarkably, workers who did not receive recognition are mainly responsible for this performance increase. This result is …
Persistent link: https://www.econbiz.de/10009722400
Persistent link: https://www.econbiz.de/10009724791