Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/36336 
Erscheinungsjahr: 
2010
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 4713
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
Using 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.
Schlagwörter: 
Incentives
intensity
bonus
performance pay
job satisfaction
JEL: 
C23
J28
J33
M52
M54
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
631.64 kB





Publikationen in EconStor sind urheberrechtlich geschützt.