Derek C. Jones (The Jerome Levy Economics Institute) Takao Kato (The Jerome Levy Economics Institute) Jeffrey Pliskin (The Jerome Levy Economics Institute)
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The slowdown in productivity growth since the 1970s has led to increased interest in alternative compensation schemes—such as profit sharing and gainsharing—that might raise worker productivity and reduce turnover. In this working paper, Jones, Kato, and Pliskin summarize the rise in popularity of profit sharing (PS) and gainsharing (GS) plans; review existing theoretical and empirical work on PS and GS; and highlight findings that relate the effectiveness of such programs at raising productivity and enhancing employment stability. They also note that some existing studies contain some econometric problems relating to plan and model variables; there are measurement problems as well. Their paper primarily focuses on PS plans.
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Paper provided by EconWPA in its series Macroeconomics with number
9903010.
Length: 32 pages Date of creation: 11 Mar 1999 Date of revision: Handle: RePEc:wpa:wuwpma:9903010
Note: Type of Document - Acrobat PDF; prepared on IBM PC; to print on PostScript; pages: 32; figures: included Contact details of provider: Web page: http://129.3.20.41
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Kandel, E. & Lazear, E.P., 1990.
"Peer Pressure and Partnerships,"
Papers
90-07, Rochester, Business - Managerial Economics Research Center.
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