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of bonus payments in the 2000s. We decompose the share of the total wage bill accounted for by bonuses into the shares of … base pay within the PRP sector. We show that there was some growth in the share of total pay accounted for by bonuses in … Britain in the mid-2000s. However this rise – and subsequent fluctuations since the onset of recession in 2008 – can be almost …
Persistent link: https://www.econbiz.de/10011126062
of bonus payments in the 2000s. We decompose the share of the total wage bill accounted for by bonuses into the shares of … base pay within the PRP sector. We show that there was some growth in the share of total pay accounted for by bonuses in … Britain in the mid-2000s. However this rise - and subsequent fluctuations since the onset of recession in 2008 - can be almost …
Persistent link: https://www.econbiz.de/10010779585
labor of women adversely affects labor productivity. (New paragraph) Analysis of finance engenders discussion of its place …
Persistent link: https://www.econbiz.de/10011193715
the recession of 2008. PP was also associated with some compression in the lower half of the wage distribution for women …. The effects were predominantly associated with a broad measure of PP that included bonuses. However, these effects were … recession. …
Persistent link: https://www.econbiz.de/10011261828
the recession of 2008. PP was also associated with some compression in the lower half of the wage distribution for women …. The effects were predominantly associated with a broad measure of PP that included bonuses. However, these effects were … recession. …
Persistent link: https://www.econbiz.de/10011265657
the recession of 2008. PP was also associated with some compression in the lower half of the wage distribution for women …. The effects were predominantly associated with a broad measure of PP that included bonuses. However, these effects were … recession. …
Persistent link: https://www.econbiz.de/10011266094
This paper analyzes the impact of labor market competition and skill-biased technical change on the structure of compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most talented workers leads to an escalating reliance on...
Persistent link: https://www.econbiz.de/10011083769
We conducted an experiment to compare how overconfidence is influenced by performance-based and fixed payment schemes. Participants in the experiment were students prior to taking a final exam in Introduction to Microeconomics. We find that most participants were overconfident regarding their...
Persistent link: https://www.econbiz.de/10011199657
Using nationally representative linked employer-employee data we find one-quarter of employees in Britain are paid for performance. The log hourly wage gap between performance pay and fixed pay employees is .36 points. This falls to .15 log points after controlling for observable demographic,...
Persistent link: https://www.econbiz.de/10010812514
We conducted an experiment to compare how overconfidence is influenced by performance-based and fixed payment schemes. Participants in the experiment were students prior to taking a final exam in Introduction to Microeconomics. We find that most participants were overconfident regarding their...
Persistent link: https://www.econbiz.de/10011039060