Engellandt, Axel; Riphahn, Regina T. - Institute for the Study of Labor (IZA) - 2004
effects of performance related pay. The company uses two performance related remuneration mechanisms. One is an individual … performance evaluations. We hypothesize that effort is higher in departments where (i) performance evaluation results are more … spread out, (ii) person-specific performance evaluations are more flexible over time, (iii) surprise bonuses are used more …