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Monetary Rewards, Hierarchy Level and Working Hours as Drivers of Employees' Self-Evaluations

Author

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  • Grund, Christian

    (RWTH Aachen University)

  • Soboll, Alexandra

    (RWTH Aachen University)

Abstract

In this study, we explore the relation between job characteristics and employees' self-evaluations of performance in comparison to their colleagues' performance. Making use of unique individual panel data of ten large firms in Germany's chemical industry, we focus on monetary rewards (bonus payments and wage increases), level of hierarchy and weekly working hours as well as interactions with gender and tenure as possible drivers of self-evaluations. Our results hint for particular relevance of working hours, and some extent of hierarchy levels and monetary rewards. We find less evidence for our hypotheses regarding interaction effects of gender and tenure.

Suggested Citation

  • Grund, Christian & Soboll, Alexandra, 2023. "Monetary Rewards, Hierarchy Level and Working Hours as Drivers of Employees' Self-Evaluations," IZA Discussion Papers 16042, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp16042
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    References listed on IDEAS

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    1. Ludwig, Sandra & Fellner-Röhling, Gerlinde & Thoma, Carmen, 2017. "Do women have more shame than men? An experiment on self-assessment and the shame of overestimating oneself," European Economic Review, Elsevier, vol. 92(C), pages 31-46.
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    More about this item

    Keywords

    self-evaluations; bonus payments; wage increases; level of hierarchy; working hours;
    All these keywords.

    JEL classification:

    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
    • M5 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics

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