Performance Pay and Productivity

作者：Edward P. Lazear · 发表于：American Economic Review · 年份：2000 · DOI：10.1257/aer.90.5.1346 · 被引用次数：2547 · 研究领域：Fiscal Policy and Economic Growth、Labor market dynamics and wage inequality、Economic Policies and Impacts

Much of the theory in personnel economics relates to effects of monetary incentives on output, but the theory was untested because appropriate data were unavailable. A new data set for the Safelite Glass Corporation tests the predictions that average productivity will rise, the firm will attract a more able workforce, and variance in output across individuals at the firm will rise when it shifts to piece rates. In Safelite, productivity effects amount to a 44-percent increase in output per worker. This firm apparently had selected a suboptimal compensation system, as profits also increased with the change. (JEL J00, J22, J3)