Bayo-Moriones, Alberto; Galdon-Sanchez, Jose E.; … - In: Jobs, training and worker well-being, (pp. 155-187). 2010
In this chapter we use data from industrial plants to find out whether seniority-based pay is used as a motivational device for production workers. Alternatively, seniority-based pay could simply be a wage-setting rule independent of incentives. Unlike previous papers, we use a direct measure of...