Optimal Combination of Wage Cuts and Layoffs: The Unexpected Side Effect of a Performance-based Payment System
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More about this item
Keywords
Layoff; Wage cut; Morale; Performance-based payment system;All these keywords.
JEL classification:
- J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
- J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
- J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs
NEP fields
This paper has been announced in the following NEP Reports:- NEP-HRM-2015-10-17 (Human Capital and Human Resource Management)
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