Search results for "Performance-related-pay"

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Flexible Wage Contracts, Temporary Jobs, and Firm Performance: Evidence From Italian Firms

2013

This study focuses on the effects of decentralized wage schemes and temporary forms of employment on firm performance. The effect of monetary incentives on workers' effort and firm performance is a central topic in economics. According to the principal-agent paradigm, firms (the principal) have to link employees' remuneration schemes to any verifiable indicator of performance to avoid opportunistic behavior. The empirical evidence shows that financial incentives have the potential to exert strong effects on indicators of firm performance, such as productivity and worker absenteeism, although the degree of effectiveness of such schemes varies significantly according to the institutional/econ…

Organizational Behavior and Human Resource ManagementLabour economicsStrategy and Managementmedia_common.quotation_subjectWagePerformance-related-paylabour market flexibility equation system wage incentivesPerformance-related payIncentiveDismissalManagement of Technology and InnovationEffortIndustrial relationsEconomicsRemunerationAbsenteeismProductivity; Effort; Performance-related-pay; Temporary contractsSettore SECS-P/01 - Economia PoliticaEmpirical evidenceProductivityProductivityTemporary contractsmedia_commonIndustrial Relations: A Journal of Economy and Society
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