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End-Stage Renal Disease Treatment Choices Model and Use of Home Dialysis and Kidney Transplant.
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Incentive Pay and Systemic Risk
The Review of Financial Studies, 2019AbstractWe show that, in the presence of correlated investment opportunities across firms, risk sharing between firm shareholders and firm managers leads to compensation contracts that include relative performance evaluation. These contracts bias investment choices toward correlated investment opportunities, and thus create systemic risk.
Albuquerque, Rui +2 more
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Nonprofit Executive Incentive Pay
SSRN Electronic Journal, 2015We utilize information only recently disclosed on Form 990 to examine the use, and consequences of, incentive pay at nonprofit organizations. Bonuses are common in nonprofits, as we observe that approximately 45% of the 44,000 organization-year observations in our sample reported paying CEO bonuses.
Steven Balsam, Erica E. Harris
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Employee reactions to a pay incentive plan.
Journal of Applied Psychology, 1973The reaction of a work group to a pay incentive plan is studied. An analysis of the employees’ attitudes reveals that they trust management, understand the plan, and see a close relationship between their pay and their performance. Based upon expectancy theory, it is hypothesised that because these conditions exist, the workers will respond directly to
Cortlandt Cammann, Edward E. Lawler
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1999
Abstract Following the logic of the employment relationship, workers are paid for making their labour available to the employer as much as for the amount of effort expended. Hence, the ‘price of labour’ is better understood as a rule rather than a particular sum of money, part of the obligations exchanged by firms and workers.
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Abstract Following the logic of the employment relationship, workers are paid for making their labour available to the employer as much as for the amount of effort expended. Hence, the ‘price of labour’ is better understood as a rule rather than a particular sum of money, part of the obligations exchanged by firms and workers.
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Paying for innovation: Reimbursement incentives for antibiotics
Science Translational Medicine, 2015Reimbursement incentives could promote antibiotic research and development—in particular, for new drugs to treat complex infections commonly found in hospitals.
Thomas J, Hwang +2 more
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Hospital responses to pay-for-performance incentives
Health Services Management Research, 2006Not-for-profit hospitals are complex organizations and, therefore, may face unique challenges in responding to financial incentives for quality. In this research, we explore the types of behavioural changes made by not-for-profit Michigan hospitals in response to a pay-for-performance system for quality.
Kristin L, Reiter +3 more
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Pay as incentive or pay as reward? The case of Taiwan
Journal of Asian Economics, 2010Abstract By the 1980s, Taiwan had gradually transformed itself from an economy in which labor was plentiful, while capital was in short supply, into an economy in which a surplus of capital was accompanied by a shortage of labor. For labor economists interested in rapidly evolving labor markets, there are many intriguing questions arising out of this
Sheng-Ping Yang, Ronald DeBeaumont
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Evaluating Performance, Incentives, and Incentive Pay
2012When I teach managers or students about compensation, one of the first questions I ask is how many in the room have been professional cucumber pickers? And I slowly raise my own hand. As of yet, I have not met anyone in any of these settings who, like me, has been a professional cucumber picker.
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