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Good compensation is an important part of the nation's compact with its men and women in uniform. In contrast to the private sector or other government employers, the U.S. military spends a large share of its compensation dollars on noncash benefits. Such benefits are extremely inefficient from...
Persistent link: https://www.econbiz.de/10014057038
Are early retiree health benefits (RHBs) a form of deferred compensation that binds workers to an employer? Most employers who offer RHBs offer them only to workers who have 10 or more years of tenure with the firm and have reached age 55. Accordingly, workers in firms offering RHBs have an...
Persistent link: https://www.econbiz.de/10009553198
Are early retiree health benefits (RHBs) a form of deferred compensation that binds workers to an employer? Most employers who offer RHBs offer them only to workers who have 10 or more years of tenure with the firm and have reached age 55. Accordingly, workers in firms offering RHBs have an...
Persistent link: https://www.econbiz.de/10013036780
The rarity with which firms reduce nominal wages has been frequently observed, even in the face of considerable … incidence of wage cuts and to assess the relevance of a range of potential reasons for why they avoid cutting wages. Concerns …
Persistent link: https://www.econbiz.de/10011590264
In recent years a new phenomenon has appeared on the retirement savings landscape: the expansion into middle management ranks of a traditional tool of executive compensation, the so-called “top hat” pension plan. Top hat plans are unfunded deferred compensation programs for a “select group...
Persistent link: https://www.econbiz.de/10014351731
-period experiment. In equilibrium, firms will offer deferred compensation: first period productivity is positive and wages are zero …, while third period productivity is zero and wages are positive. The experiment produces strong evidence that deferred … there was a strong effort response to future-period wages. We also find some evidence of gift exchange; worker players …
Persistent link: https://www.econbiz.de/10013319184
The two key predictions of hedonic wage theory are that there is a trade-off between wages and nonmonetary rewards and …
Persistent link: https://www.econbiz.de/10013136028
The two key predictions of hedonic wage theory are that there is a trade-off between wages and nonmonetary rewards and …
Persistent link: https://www.econbiz.de/10009300127
The rarity with which firms reduce nominal wages has been frequently observed, even in the face of considerable … incidence of wage cuts and to assess the relevance of a range of potential reasons for why they avoid cutting wages. Concerns …
Persistent link: https://www.econbiz.de/10014030224
The rarity with which firms reduce nominal wages has been frequently observed, even in the face of considerable … incidence of wage cuts and to assess the relevance of a range of potential reasons for why they avoid cutting wages. Concerns …
Persistent link: https://www.econbiz.de/10013071545