Some Evidence on the Relationship between Performance-Related Pay and the Shape of the Experience--Earnings Profile.

We investigate the relationship between performance-related pay (PRP) and the shape of workers' experience-earnings profiles. In particular, we argue that the slope of the profile depends critically upon the degree of 'equity' held by workers in their enterprise as measured by the extent of PRP. The...

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Publicado en:Southern Economic Journal Vol. 72; no. 3; pp. 660 - 677
Autores principales: Brown, Sarah, Sessions, John G.
Formato: Artículo
Publicado: Wiley-Blackwell Jan2006
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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          Brown, Sarah
          Sessions, John G.
        affil:
          Department of Economics, University of Sheffield, Sheffield SI 4DT. England.
          Department of Economics and International Development, University of Bath, Bath BA2 7AY, England.
      su:
        United Kingdom
        Wages
        Performance
        Pay equity
        Employees
        Freelancers
        Surveys
        Fixed incomes
      sug:
        subj:
          Wages
          Performance
          Pay equity
          Employees
          Freelancers
          United Kingdom
          Surveys
          Fixed incomes
      ab: We investigate the relationship between performance-related pay (PRP) and the shape of workers' experience-earnings profiles. In particular, we argue that the slope of the profile depends critically upon the degree of 'equity' held by workers in their enterprise as measured by the extent of PRP. The implication is that the slope of the profile for PRP workers falls between those of their zero-equity fixed-wage, and one hundred per cent equity self-employed, counterparts. Our empirical analysis of three British data sets, namely the British Social Attitudes Survey, the British Household Panel Survey, and the British Family Expenditure Survey, supports this prior.
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      doctype: Article
      src: R
    language: English
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