bonuses

Publication date: 22 Mar 2016 | Publication type: Journal article/book/chapter | Theme: Trade, Investment & Productivity | Authors: Forth, J, Stokes, L | External authors: Bryson, A | JEL classification: J33 | Journal: International Journal of Manpower Vol. 37 Issue 2 | Project: The Prevalence and Effects of Performance-Related Pay in Britain | Publisher: Emerald
We use nationally-representative, monthly data on the total wage bill and employment of around 8,500 firms to investigate fluctuations in the economic importance of performance bonuses in Britain over the past 15 years. We decompose the share of the total economy-wide wage bill that is accounted...
Publication date: 10 Apr 2015 | Publication type: NIESR Discussion Paper | Theme: Employment & Social policy | Authors: Bryson, A | External authors: Bryan, M. | Project: The Prevalence and Effects of Performance-Related Pay in Britain
Using data from the British Household Panel Survey (BHPS) we show performance pay (PP) increased earnings dispersion among men and women, and to a lesser extent among full-time working women, in the decade of economic growth which ended with the recession of 2008. PP was also associated with some...
Publication date: 12 Nov 2014 | Publication type: NIESR Discussion Paper | Theme: Employment & Social policy | Authors: Stokes, L, Bryson, A, Forth, J, Weale, M | NIESR discussion paper number: 440
We examine whether those paid for performance fared better in terms of wage growth and job tenure than their fixed pay counterparts through the most recent recession. In theory we might anticipate that, since performance pay workers share the income risks of economic shocks with their employers,...
Publication date: 22 Jul 2014 | Publication type: NIESR Discussion Paper | Theme: Employment & Social policy | Authors: Bryson, A | JEL classification: J33 | NIESR discussion paper number: 433
Using nationally representative linked employer-employee data we find one-quarter of employees in Britain are paid for performance. The log hourly wage gap between performance pay and fixed pay employees is .36 points.  This falls to .15 log points after controlling for observable demographic, job...
Publication date: 25 Jul 2013 | Publication type: Conference and seminar output | Theme: Employment & Social policy | Authors: Bryson, A, Forth, J, Stokes, L | JEL classification: J33
Presentation to Annual WPEG Conference 2013, Sheffield. Abstract: Although performance-related-pay (PRP) can raise productivity and firm performance in many settings, we find the size of performance payments is usually too small to influence the performance of most employees and its incidence...
Publication date: 5 Jun 2013 | Publication type: Conference and seminar output | Theme: Employment & Social policy | Authors: Bryson, A, Forth, J, Stokes, L | JEL classification: J33
Abstract Although performance-related-pay (PRP) can raise productivity and firm performance in many settings, we find the size of performance payments is usually too small to influence the performance of most employees and its incidence across firms and workplaces in Britain is fairly low,...