incentives

Publication date: 11 Apr 2014 | Publication type: Conference and seminar output | Theme: Employment & Social policy | Authors: Bryson, A | External authors: Freeman, R. B.
Many large listed firms offer workers the opportunity to buy shares in the firm at discounted rates through employee stock purchase plans (ESPP).  The discounted rate creates a gift exchange, where the firm hopes that workers who accept the gift reciprocate with greater loyalty and effort.  But...
Publication date: 12 Oct 2010 | Publication type: NIESR Discussion Paper | Theme: Trade, Investment & Productivity | Authors: Bryson, A | External authors: Buraimo, B. and Simmons, R. | JEL classification: J33; M52 | NIESR discussion paper number: 366
We establish the effects of salaries on worker performance by exploiting a natural experiment in which some workers in a particular occupation (football referees) switch from short-term contracts to salaried contracts. Worker performance improves among those who move onto salaried contracts...