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The impact of wage increases on job satisfaction is explored theoretically and empirically. To do this, we apply a utility function that rises with the absolute wage level as well as with wage increases. It is shown that when employees can influence their wages by exerting effort, myopic utility...
Persistent link: https://www.econbiz.de/10005822174
importance of individual, team, and company performance for compensation, we find a significant positive relation between the …
Persistent link: https://www.econbiz.de/10008922969
mitigated by pay-for-performance incentives for managers who decide upon promotion. Second, we analyze matched employer … indeed substantially higher when managers receive performance-related pay or participate in gain sharing plans. …
Persistent link: https://www.econbiz.de/10008854767
The impact of wage increases on job satisfaction is explored theoretically and empirically. To do this, we apply a utility function that rises with the absolute wage level as well as with wage increases. It is shown that when employees can influence their wages by exerting effort, myopic utility...
Persistent link: https://www.econbiz.de/10010267564
mitigated by pay-for-performance incentives for managers who decide upon promotion. Second, we analyze matched employer … indeed substantially higher when managers receive performance-related pay or participate in gain sharing plans. …
Persistent link: https://www.econbiz.de/10010278492
importance of individual, team, and company performance for compensation, we find a significant positive relation between the …
Persistent link: https://www.econbiz.de/10010278772
Drawing on two large German representative data sets, we analyze the role of works councils for the use of performance … appraisals (PA). We distinguish between the incidence of performance appraisal systems as intended by the firm and their actual …. Employees working in establishments with a works council are more likely to face a formal performance appraisal procedure. Works …
Persistent link: https://www.econbiz.de/10012141305
We investigate the causal effect of conversations about performance and performance pay implementing a 2x2 field … experiment in a retail chain. In the performance pay treatments, managers receive a bonus for profit increases. In the … performance review treatments, managers have regular meetings with their supervisors discussing their activities to increase …
Persistent link: https://www.econbiz.de/10012059176