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dc.contributor.authorKurtulus, Fidan Anaen_US
dc.contributor.authorKruse, Douglasen_US
dc.contributor.authorBlasi, Josephen_US
dc.description.abstractUsing the NBER Shared Capitalism Database comprised of over 40,000 employee surveys from 14 firms, we investigate worker attitudes towards employee ownership, profit sharing, and variable pay. Specifically, our study uses detailed survey questions on preferences over profit sharing, forms of employee ownership like company stock and stock option ownership, as well as preferences over variable pay in general, to explore how preferences for these different types of output-contingent pay vary with worker risk aversion, residual control, and views of coworkers and management. Our key results show that, on average, workers want at least a part of their compensation to be performance-related, with stronger preferences for output-contingent pay schemes among workers who have lower levels of risk aversion, greater residual control over the work process, and greater trust of co-workers and management.en_US
dc.publisherUniv. of Massachusetts, Dep. of Economics Amherst, Mass.en_US
dc.relation.ispartofseriesWorking Paper, University of Massachusetts, Department of Economics 2011-15en_US
dc.subject.keywordEmployee Ownershipen_US
dc.subject.keywordProfit Sharingen_US
dc.subject.keywordVariable Payen_US
dc.subject.keywordWorker Preferencesen_US
dc.subject.keywordResidual Controlen_US
dc.subject.keywordRisk Aversionen_US
dc.subject.keywordPerceptions of Co-Workers and Managementen_US
dc.titleWorker attitudes towards employee ownership, profit sharing and variable payen_US
dc.typeWorking Paperen_US
Appears in Collections:Working Papers, Department of Economics, University of Massachusetts

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