EconStor >
Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/36336
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorPouliakas, Konstantinosen_US
dc.date.accessioned2010-03-02en_US
dc.date.accessioned2010-07-07T12:08:04Z-
dc.date.available2010-07-07T12:08:04Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/36336-
dc.description.abstractUsing ten waves (1998-2007) of the British Household Panel Survey (BHPS), this paper investigates the ceteris paribus association between the intensity of incentive pay, the dynamic change in bonus status and the utility derived from work. After controlling for individual heterogeneity biases, it is shown that job utility rises only in response to 'generous' bonus payments, primarily in skilled, non-unionized, private sector jobs. Revoking a bonus from one year to the next is found to have a detrimental impact on employee utility, while job satisfaction tends to diminish over time as employees potentially adapt to bonuses. The findings are therefore consistent with previous experimental evidence, suggesting that employers wishing to motivate their staff should indeed pay enough or don't pay at all.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 4713en_US
dc.subject.jelC23en_US
dc.subject.jelJ28en_US
dc.subject.jelJ33en_US
dc.subject.jelM52en_US
dc.subject.jelM54en_US
dc.subject.ddc330en_US
dc.subject.keywordIncentivesen_US
dc.subject.keywordintensityen_US
dc.subject.keywordbonusen_US
dc.subject.keywordperformance payen_US
dc.subject.keywordjob satisfactionen_US
dc.subject.stwLeistungsorientierte Vergütungen_US
dc.subject.stwErfolgsbeteiligungen_US
dc.subject.stwArbeitszufriedenheiten_US
dc.subject.stwGroßbritannienen_US
dc.titlePay enough, don't pay too much or don't pay at all? The impact of bonus intensity on job satisfactionen_US
dc.typeWorking Paperen_US
dc.identifier.ppn62007762Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

Files in This Item:
File Description SizeFormat
62007762X.pdf631.64 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.