performance pay. Employees in the randomly selected treatment stores could win a bonus by outperforming three comparable stores … from the control group over the course of four weeks. Treatment stores received weekly feedback on relative performance …. Control stores were kept unaware of their involvement, so that their performance generates exogenous variation in the relative …

When verifiable performance measures are imperfect, organizations often resort to subjective performance pay. This may … towards specific tasks. We show that subjective performance pay based on evaluation by a biased supervisor has the same … distorting effect on the agent's effort allocation as incentive pay based on an incongruent performance measure. If the principal …

In many organizations, reward decisions depend on subjective performance evaluations. However, evaluating an employee …'s performance is often difficult. In this paper, we develop a model in which the employee is uncertain about his own performance and … about the manager's ability to assess him. The manager gives an employee a performance appraisal with a view of affecting …

performance pay. Employees in the randomly selected treatment stores could win a bonus by outperforming three comparable stores … from the control group over the course of four weeks. Treatment stores received weekly feedback on relative performance …. Control stores were kept unaware of their involvement, so that their performance generates exogenous variation in the relative …

Incentive instruments like asset ownership and performance pay often have to strike a balance between the productive …