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performance feedback provision and peer effects on individuals' performance. First, it discusses to which extent feedback on … absolute performance affects individuals' effort for cognitive or motivational reasons, and how evaluations can be distorted … strategically. Second, this paper highlights the positive and negative effects of feedback on relative performance and rank on …
Persistent link: https://www.econbiz.de/10012171438
Variable pay not only creates a link between pay and performance but may also help firms in attracting the more … concentration of high skill workers in performance pay firms; (iii) however, in repeated interactions, efficiency wages coupled with … reciprocity and inequality aversion reduce the attraction of performance related pay. Other-regarding preferences influence both …
Persistent link: https://www.econbiz.de/10010261940
high variance in performance (Bull, Schotter, and Weigelt 1987). However, since the efficiency of performance-related pay … allowing subjects to self-select into different payment schemes helps in reducing the variability of performance in tournaments … is an important condition for a higher efficiency of relative performance pay. …
Persistent link: https://www.econbiz.de/10010267611
the relationship between executive pay and performance after a merger by dissociating the respective influence of shifts … managers within a large pharmaceutical company not only show that changes in compensation incentives affect performance but … groups of subjects with managers appearing performance driven while students are more cost driven. …
Persistent link: https://www.econbiz.de/10010276427
The Peter Principle states that, after a promotion, the observed output of promotedemployees tends to fall. Lazear (2004) models this principle as resulting from a regression tothe mean of the transitory component of ability...
Persistent link: https://www.econbiz.de/10008939753
high variance in performance (Bull, Schotter, and Weigelt 1987). However, since the efficiency of performance-related pay … allowing subjects to self-select into different payment schemes helps in reducing the variability of performance in tournaments … is an important condition for a higher efficiency of relative performance pay. …
Persistent link: https://www.econbiz.de/10005763542
Variable pay not only creates a link between pay and performance but may also help firms in attracting the more … concentration of high skill workers in performance pay firms; (iii) however, in repeated interactions, efficiency wages coupled with … reciprocity and inequality aversion reduce the attraction of performance related pay. Other-regarding preferences influence both …
Persistent link: https://www.econbiz.de/10005763609
The Peter Principle states that, after a promotion, the observed output of promoted employees tends to fall. Lazear (2004) models this principle as resulting from a regression to the mean of the transitory component of ability. Our experiment reproduces this model in the laboratory by means of...
Persistent link: https://www.econbiz.de/10005593711
Variable pay creates a link between pay and performance but may also help firms in attracting more productive employees …. Our experiment investigates the impact of performance pay on both incentives and sorting and analyzes the influence of … performance pay. Social motivation and reputation influence both the provision of incentives and their sorting effect. …
Persistent link: https://www.econbiz.de/10005424118
high variance in performance (Bull, Schotter, and Weigelt 1987). However, since the efficiency of performance-related pay … allowing subjects to self-select into different payment schemes helps in reducing the variability of performance in tournaments … labor market is an important condition for a higher efficiency of relative performance pay. …
Persistent link: https://www.econbiz.de/10005086299