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Monetary rewards and hierarchy level as drivers of employees’ self-evaluations

Author

Listed:
  • Christian Grund

    (RWTH Aachen University)

  • Alexandra Soboll

    (RWTH Aachen University)

Abstract

We explore the relation between job characteristics and employees’ self-evaluations of performance in comparison to their colleagues’ performance. Using unique individual panel data from ten large firms in Germany’s chemical industry, we focus on monetary rewards (wage increases and bonus payments) and the level of the hierarchy as well as interactions with gender and tenure as possible drivers of self-evaluations. Our results hint for a positive relation of both monetary rewards and hierarchy level with self-evaluations. We find less evidence for our hypotheses regarding interaction effects of gender and tenure.

Suggested Citation

  • Christian Grund & Alexandra Soboll, 2025. "Monetary rewards and hierarchy level as drivers of employees’ self-evaluations," Review of Managerial Science, Springer, vol. 19(3), pages 729-756, March.
    • Handle: RePEc:spr:rvmgts:v:19:y:2025:i:3:d:10.1007_s11846-024-00771-z
    DOI: 10.1007/s11846-024-00771-z
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Self-evaluations; Bonus payments; Wage increases; Level of hierarchy;
    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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