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Sorting into Performance Pay
Henneberger, Fred; Ziegler, Alexandre - Forschungsinstitut für Arbeit und Arbeitsrecht <St. Gallen> - 2008
We investigate the observable determinants of sorting between salary and performace pay jobs, the extent to which wage functions differ between the two, and the magnitude of the unobserved ability differential between salary and performance pay workers...
Persistent link: https://www.econbiz.de/10005859679
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An Intra-Firm Perspective on Wage Profiles and Employmentof Older Workers with Special Reference to Human Capitaland Deferred Compensation
Pfeifer, Christian - Universität <Hannover> / Wirtschaftswissenschaftliche … - 2009
Human capital and deferred compensation might explain why firms employ but do nothire older workers. Adjustments of wage-tenure profiles for older new entrants areexplored in the context of deferred compensation. From an equity theory perspective,such adjustments might lead to adverse incentive...
Persistent link: https://www.econbiz.de/10005867317
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Is Information and CommunicationTechnology (ICT) the Right Strategyfor Growth in Mexiko?
Caudillo Sanchez, Francisco - Technische Universität <Freiberg> - 2006
productivity among these sectors. The increasing implementation and imports of ICT technologies, the growing demand for ICT …-skilled human capital and training, the rising level of wages and the large demand and adoption of these technologies seem to …
Persistent link: https://www.econbiz.de/10005864124
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Note on a generalized wage rigidity result
Mukherjee, Arijit - University <Nottingham> / Department of Economics - 2007
Considering Cournot competition, this note shows that, if the firms differ inlabor productivities, the equilibrium wage rates under a centralized labor union are notindependent of the number of firms and product differentiation if the labor unioncharges a uniform wage rate. However, if the...
Persistent link: https://www.econbiz.de/10005868600
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Job Assignments under Moral Hazard:The Peter Principle Revisited
Koch, Alexander Karl; Nafziger, Julia - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
The Peter Principle captures two stylized facts about hierarchies: first, promotions often placeemployees into jobs for which they are less well suited than for that previously held. Second,demotions are extremely rare...
Persistent link: https://www.econbiz.de/10005862318
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Incentive Effects of Bonus Payments: Evidence from an International Company
Engellandt, Axel; Riphahn, Regina T. - Wirtschaftswissenschaftliches Zentrum <Basel> - 2004
This study uses panel data describing about 6,500 employees in a large international companyto study the incentive effects of performance related pay. The company uses two performancerelated remuneration mechanisms. One is an individual "surprise" bonus payment. The other isa more structured...
Persistent link: https://www.econbiz.de/10005868302
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Working in Family Firms: Less Paid but More Secure?Evidence from French Matched Employer-EmployeeData
Bassanini, Andrea; Caroli, Eve; Rebérioux, Antoine; … - Institut zur Zukunft der Arbeit <Bonn> - 2011
sample of French establishments, we first show thatfamily firms pay on average lower wages to their workers. We find that … family/non-family gaps in wages and job security.... …
Persistent link: https://www.econbiz.de/10009347593
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Wage Adjustment and Productivity Shocks
Carlsson, Mikael; Messina, Julián; Nordström Skans, Oskar - Institut zur Zukunft der Arbeit <Bonn> - 2011
We study how workers’ wages respond to TFP-driven innovations in firms’ labor productivity.Using unique data with … of wages to sectoral labor productivity is almost three times larger than the responseto pure idiosyncratic (firm … of physical (as opposed torevenue) TFP to instrument labor productivity in the wage equations. We find that thereaction …
Persistent link: https://www.econbiz.de/10009360521
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Job Satisfaction and Co-worker Wages:Status or Signal?
Clark, Andrew E.; Kristensen, Nicolai; … - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
This paper uses matched employer-employee panel data to show that individual jobsatisfaction is higher when other workers in the same establishment are better-paid. Thisruns contrary to a large literature which has found evidence of income comparisons insubjective well-being...
Persistent link: https://www.econbiz.de/10005861654
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The Productivity Effects of Profi t Sharing, EmployeeOwnership, Stock Option and Team Incentive Plans:Evidence from Korean Panel Data
Kato, Takao; Lee, Ju Ho; Ryu, Jang-Soo - Institut zur Zukunft der Arbeit <Bonn> - 2010
the introductionof a PSP or a TIP will lead to a significant increase in productivity (about 10 percent) whereasno such … evidence found for ESOPs or SOPs. We also find that the productivity payoffappears to be more long-lasting for PSPs than for …
Persistent link: https://www.econbiz.de/10009360587