performance-related pay

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,...