Lemieux, Thomas; MacLeod, William Bentley; Parent, Daniel - 2007
We document that an increasing fraction of jobs in the U.S. labor market explicitly pay workers for their performance … using bonuses, commissions, or piece-rates. We find that compensation in performance-pay jobs is more closely tied to both … performance-pay can explain 24 percent of the growth in the variance of male wages between the late 1970s and the early 1990s, and …