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Performance Related Pay

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Author Info
Booth, A-L
Frank, J

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Abstract

Performance-related pay has been much advocated by governments as a means of promoting labour market flexibility and generating higher productivity. The UK government has been in th lead in providing incentives for profit-related pay, one particular form of performance-related pay (PRP). This paper adopts a different approach to measurement of the impact of PRP on productivity.

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Publisher Info
Paper provided by Centre for Economic Policy Research, Research School of Social Sciences, Australian National University in its series CEPR Discussion Papers with number 364.

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Length: 26 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:auu:dpaper:364

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Web page: http://econrsss.anu.edu.au/
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Related research
Keywords: PRODUCTIVITY ; WAGE DETERMINATION ; PAYMENT SYSTEMS;

Other versions of this item:

Find related papers by JEL classification:
J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
D24 - Microeconomics - - Production and Organizations - - - Production; Capital and Total Factor Productivity; Capacity
J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods

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  1. Sue Fernie & David Metcalf, 1998. "(Not)Hanging on the Telephone: Payment systems in the New Sweatshops," CEP Discussion Papers dp0390, Centre for Economic Performance, LSE. [Downloadable!]
  2. Antti Kauhanen & Hannu Piekkola, 2002. "Profit Sharing in Finland: Earnings and Productivity Effects," Discussion Papers 817, The Research Institute of the Finnish Economy. [Downloadable!]
  3. W.D. McCausland & K. Pouliakas & I. Theodossiou, 2005. "Some are Punished and Some are Rewarded: A Study of the Impact of Performance Pay on Job Satisfaction," Labor and Demography 0505019, EconWPA. [Downloadable!]
    Other versions:
  4. Tor Eriksson & Marie-Claire Villeval, 2008. "Performance Pay, Sorting and Social Motivation," Post-Print halshs-00331753_v1, HAL. [Downloadable!]
    Other versions:
  5. Felipe Balmaceda, 2002. "Compensation Methods in a Competitive Labor Market: the Role of Asymmetric Information," Documentos de Trabajo 139, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
  6. repec:ese:iserwp: is not listed on IDEAS
  7. Solomon Polachek, 2003. "Mincer's Overtaking Point and the Life Cycle Earnings Distribution," Review of Economics of the Household, Springer, vol. 1(4), pages 273-304, December. [Downloadable!] (restricted)
    Other versions:
  8. Thomas Cornelißen & John S. Heywood & Uwe Jirjahn, 2008. "Performance Pay, Risk Attitudes and Job Satisfaction," SOEPpapers 136, DIW Berlin, The German Socio-Economic Panel (SOEP). [Downloadable!]
  9. Edward P. Lazear, 2000. "Performance Pay and Productivity," American Economic Review, American Economic Association, vol. 90(5), pages 1346-1361, December. [Downloadable!] (restricted)
  10. Harry J. Paarsch & Bruce S. Shearer, 1997. "On the Elasticity of Effort for Piece Rates: Evidence from the British Columbia Tree-Planting Industry," CIRANO Working Papers 97s-31, CIRANO. [Downloadable!]
    Other versions:
  11. Gielen, A. C., 2007. "Performance Pay, Training and Labor Mobility," Discussion Paper 2007-48, Tilburg University, Center for Economic Research. [Downloadable!]
    Other versions:
  12. Felipe Balmaceda, . "Compensation Methods in Competitive Labor Markert," ILADES-Georgetown University Working Papers inv118, Ilades-Georgetown University, School of Economics and Bussines. [Downloadable!]
  13. Tuomas Pekkarinen & Chris Riddell, 2006. "Performance Pay and Earnings: Evidence from Personnel Records," IZA Discussion Papers 2253, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  14. Erling Barth, Bernt Bratsberg, Torbjørn Hægeland and Oddbjørn Raaum, 2008. "Performance Pay and Within-Firm Wage Inequality," Discussion Papers 535, Research Department of Statistics Norway. [Downloadable!]
    Other versions:
  15. Felipe Balmaceda, 2004. "Uncertainty, Pay for Performance and Adverse Selection in a Competitive Labor Market," Documentos de Trabajo 196, Centro de Economía Aplicada, Universidad de Chile. [Downloadable!]
  16. Cowling, Marc, 2007. "Performance Related Pay Coverage in the UK," MPRA Paper 1619, University Library of Munich, Germany. [Downloadable!]
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