Showing 1 - 10 of 5,857
This study examines how career interruptions and subsequent wages of employees are related. Using individual panel data …
Persistent link: https://www.econbiz.de/10011641615
n this paper we examine the agency costs of seemingly excessive pay awards to CEO's within the FTSE 100 in the last decade. Are CEOs taking a large proportion of the total pot (a big "pay slice") more, or less, able to return value to shareholders by better management? In presenting this...
Persistent link: https://www.econbiz.de/10013101220
I study when a firm prefers to be transparent about pay using a simple multidimensional signalling model. Pay transparency within the firm means that a worker can learn about their own productivity from another worker's pay. This can either encourage or discourage workers—which affects...
Persistent link: https://www.econbiz.de/10012851374
I study when a firm prefers to be transparent about pay using a simple multidimensional signaling model. Pay transparency within the firm means that a worker can learn about his own worker-firm match from another worker's pay. This can either encourage or discourage workers-which affects...
Persistent link: https://www.econbiz.de/10014479181
Based on the recent SEC-mandated disclosures of CEO-worker pay ratios, we find that firms significantly decrease (increase) their CEO-worker pay ratios when their prior pay ratios are high (low) relative to peers. More importantly, the decrease in pay ratio among high pay ratio firms is...
Persistent link: https://www.econbiz.de/10014348601
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
Making use of panel data from a survey of highly educated professionals, gender pay gaps are explored with regard to total compensation as well as to individual compensation components. The results indicate meaningful male-female wage differentials for this quite homogeneous group of people...
Persistent link: https://www.econbiz.de/10010345123
We explore the dispersion of bonus payments of managers within and between five large firms from the German chemical sector. We use data from a yearly salary survey in these firms during the observation period 2008 to 2013. Bonus payments account for 20 percent of base salaries on average. Both...
Persistent link: https://www.econbiz.de/10011631539
Overeducated workers are more productive and have higher wages in comparison to their adequately educated coworkers in … the same jobs. However, they face a series of challenges in the labor market, including lower wages in comparison to their … performance pay jobs as an adjustment mechanism and that performance pay moderates their wages. Using German Socio-Economic Panel …
Persistent link: https://www.econbiz.de/10014342988
Overeducated workers are more productive and have higher wages in comparison to their adequately educated coworkers in … the same jobs. However, they face a series of challenges in the labor market, including lower wages in comparison to their … performance pay jobs as an adjustment mechanism and that performance pay moderates their wages. Using German Socio-Economic Panel …
Persistent link: https://www.econbiz.de/10014368278