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in our experiment were more likely to compress wages when wages became public information. Profits were not significantly … reduced by a requirement to make wages public. Overall, our results seem to weaken the case that either wage secrecy or wage …
Persistent link: https://www.econbiz.de/10013318869
; experimental study ; envy ; reciprocity ; pay secrecy …
Persistent link: https://www.econbiz.de/10003924261
Pay secrecy is often justified on the ground of concerns about the detrimental consequences of intra-firm pay … giftexchange game laboratory experiment where an employer is matched with two symmetric employees. We compare effort choices made … by employees in a 'pay secrecy' treatment and in two 'public wages' treatments where employees are informed of the wage …
Persistent link: https://www.econbiz.de/10009634321
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Purpose With pay transparency (PT) as an emerging trend in organizations around the world and the European Union promoting open pay regulations, PT is of increasing interest to scientists, managers and policymakers. However, it is still unclear what people think about PT and what theoretical...
Persistent link: https://www.econbiz.de/10014515833
experiment were more likely to compress wages when wages became public information. Profits were not significantly reduced by a … requirement to make wages public. Overall, our results seem to weaken the case that either wage secrecy or wage compression is a …
Persistent link: https://www.econbiz.de/10010262158
of wage inequality. -- wage dispersion ; effort ; experiment ; gift-exchange …
Persistent link: https://www.econbiz.de/10009733225
Persistent link: https://www.econbiz.de/10003805443
The experimental literature and studies using survey data have established that people care a great deal about their relative economic position and not solely, as standard economic theory assumes, about their absolute economic position. Individuals are concerned about social comparisons....
Persistent link: https://www.econbiz.de/10014218387