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A worker's utility may increase with his income, but envy can make his utility decline with his employer's income. This article uses a principal-agent model to study profit-maximizing contracts when a worker envies his employer. Envy tightens the worker's participation constraint and so calls...
Persistent link: https://www.econbiz.de/10011335185
A small literature has shown that individual wellbeing varies with the price of company stock, but it is unclear whether this is due to wealth effects among those holding stock, or more general effects on sentiment, with individuals taking rising stock prices as an indicator of improvements in...
Persistent link: https://www.econbiz.de/10012612648
Managers frequently offer unconditional bonuses and profit-sharing payments to their employees. The isolated effects of the former payment type on job satisfaction, in particular, have received little empirical attention. This study uses German panel data and shows that, even when total income...
Persistent link: https://www.econbiz.de/10014582714
The study suggests : an increase in the international division of labour according to the intra-trade scenario does not imply that nations have to negatively compete for high export quotas, rather their international interdependenee is highly beneficial for both world and domestic economic...
Persistent link: https://www.econbiz.de/10015218722
We study the influence of leadership on organisational performance and worker wellbeing using data from the 2004 and 2011 Workplace Employment Relations Survey (WERS). Our most conservative estimates from fixed effects regressions on a panel of organisations reveal that virtuous leadership is...
Persistent link: https://www.econbiz.de/10013426403
Change is accepted as a process determined among an organisation's senior management; therefore, employees would predominately resist the change process, making it necessary for change strategists to address the resistance prior to implementing the change programme. Since a strategic challenge...
Persistent link: https://www.econbiz.de/10014477289
This paper provides a case study of the effect of labor relations on product quality. We consider whether a long, contentious strike and the hiring of replacement workers at Bridgestone/Firestone?s Decatur plant in the mid-1990s contributed to the production of defective tires. Using several...
Persistent link: https://www.econbiz.de/10010261592
This paper contributes to the emerging strand of the empirical literature that takes advantage of new data on workplace-specific job attributes and voluntary employee turnover to shed fresh insights on the relationship between employee turnover, adverse workplace conditions and HRM environments....
Persistent link: https://www.econbiz.de/10010277256
Enriching Production was first published by Avebury in 1995. The book was quickly sold out and is now made available again. Enriching Production was edited by professor Åke Sandberg, Arbetslivsinstitutet/ National Institute for Working Life and KTH The Royal Institute of Technology, Stockholm....
Persistent link: https://www.econbiz.de/10015243705
Each organization must turn into a learning association. Pioneers may think articulating a reasonable vision, the exact motivating forces for workers and giving preparing make associations to learn. This suspicion is not simply imperfect – it's hazardous despite heightened rivalry, progresses...
Persistent link: https://www.econbiz.de/10015248892