@techreport{Bayo-Moriones2004Seniority,
abstract = {In this paper we use data from industrial plants to investigate if seniority-based pay is used
as a motivational device for production workers. Alternatively, seniority-based pay could
simply be a wage setting rule not necessarily related to the provision of incentives. Unlike
previous papers, we use a direct measure of seniority-based pay as well as measures of
monitoring devices and piece-rates. We find that firms that offer seniority-based pay are less
likely to offer explicit incentives. They are also less likely to invest in monitoring devices. We
also find that firms that offer seniority-based pay are more likely to engage in other human
resource management policies that result in long employment relationships. Overall these
results suggest that seniority-based pay is indeed used as a motivation device.},
author = {Alberto Bayo-Moriones and Jos\'{e} Enrique Galdon-Sanchez and Maia G\"{u}ell},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {M12; M52; J30; 330; human resource management practices; incentives; monitoring; Seniorit\"{a}tsentlohnung; Leistungsanreiz; \"{O}konomischer Anreiz; Sch\"{a}tzung; Verarbeitendes Gewerbe; Spanien},
language = {eng},
number = {1321},
title = {Is Seniority-Based Pay Used as a Motivation Device? : Evidence from Plant Level Data},
type = {IZA Discussion paper series},
url = {http://hdl.handle.net/10419/20589},
year = {2004}
}
