Firms differ in the extent to which they use variable pay. Using U.S. employeeemployer matched data on variable pay from Glassdoor, we document such dispersion and find workers are exposed to firm-level shocks through variable pay. Credit rating downgrades from investment to speculative grade,...

In the United States and other large economies, women receive less variable pay than men, even within the same firms and job titles. We argue this disparity in pay partly reflects labor market sorting. Since women are less-represented in more variable-pay-intensive jobs, even within occupations,...

Firms differ in the extent to which they use variable pay. Using U.S. employeeemployer matched data on variable pay from Glassdoor, we document such dispersion and find workers are exposed to firm-level shocks through variable pay. Credit rating downgrades from investment to speculative grade,...

Using data from Glassdoor, we find sizable gender gaps in the United States within occupations and employers in the magnitude (21%) and incidence (6.3 percentage points) of performance pay. These substantial gender gaps contribute to persistent disparities in total income, are directly related...

Using data from the online platform Glassdoor, we provide evidence that performance pay tracks an employee's role within the firm, exacerbates income inequality, and varies more than base pay across time, especially for job transitions. Employees in occupations requiring more interpersonal...

Using data from Glassdoor, we show that firms transmit productivity shocks to workers through performance pay. Performance pay responds more than base to industry shocks, falling (rising) 17% in Finance (Information Technology) after the recent financial crisis. At the regional level,...

Do firms that pay more offer better amenities, or does the greater pay compensate for worse amenities? Using matched U.S. employee-employer data, this paper estimates the joint distribution of wages, amenities, and job satisfaction across firms. Fifty amenities are captured applying topic...

We examine how non-disclosure agreements (NDAs) influence firm reputation and the flow of labor market information by analyzing three 'NDA-narrowing' state laws that prohibited firms from using NDAs to silence workers regarding unlawful workplace conduct. We document three main results. First,...

Do firms that pay more offer better amenities, or does the greater pay compensate for worse amenities? Using matched U.S. employee-employer data, this paper estimates the joint distribution of wages, amenities, and job satisfaction across firms. Fifty amenities are captured applying topic...

Following the June 24, 2022 Dobbs v. Jackson Supreme Court ruling, which overturned the federal right to abortion established in Roe v. Wade, hundreds of employers publicly announced policies covering out-of-state employee travel for abortions and related care. Leveraging data from Indeed and...