Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
The Effect Of Relative Performance Information Under Different Incentive Schemes On Performance In A Production Task
Download The Effect Of Relative Performance Information Under Different Incentive Schemes On Performance In A Production Task full books in PDF, epub, and Kindle. Read online The Effect Of Relative Performance Information Under Different Incentive Schemes On Performance In A Production Task ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis The Effect of Relative Performance Information Under Different Incentive Schemes on Performance in a Production Task by : Uday S. Murthy
Download or read book The Effect of Relative Performance Information Under Different Incentive Schemes on Performance in a Production Task written by Uday S. Murthy and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using social comparison theory as the theoretical framework, this study investigates whether relative performance information (RPI) motivates workers in a real-effort task and whether the effects vary under piece-rate, quota-based, and budget-based incentive schemes. An experiment was conducted using a 2 (RPI: yes or no) by 3 (incentive scheme: piece-rate contract, quota-based contract, or budget-based contract) between-subjects factorial design using 135 student participants assuming the role of production workers. Results revealed a strong and consistently positive effect on task performance of providing relative performance information across the three incentive schemes. Regarding the motivational value of the incentive scheme, the results revealed that participants operating under the quota-based contract significantly outperformed those operating under the budget-based and the piece-rate contract. The interaction between RPI and incentive scheme was insignificant. Results also revealed that the performance enhancing value of RPI was most pronounced for participants in the bottom third of the performance distribution. This study provides empirical evidence on the value of configuring a firm's management accounting system to provide workers with frequent relative performance information.
Book Synopsis Advances in Management Accounting by : Chris Akroyd
Download or read book Advances in Management Accounting written by Chris Akroyd and published by Emerald Group Publishing. This book was released on 2023-01-18 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 34 of Advances in Management Accounting uses a variety of methods, from experiments to surveys, to build upon existing knowledge within the management accounting discipline.
Book Synopsis The Effects of Tournament Incentive Contracts and Relative Performance Feedback on Task Effort, Learning Effort, and Performance by : George Lee
Download or read book The Effects of Tournament Incentive Contracts and Relative Performance Feedback on Task Effort, Learning Effort, and Performance written by George Lee and published by . This book was released on 2015 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: When employees work hard, they exert more effort on job tasks (task effort); and when employees learn hard, they exert more effort to learn (learning effort). Task effort and learning effort are important causes of improved performance. This thesis investigates whether the use of tournament schemes motivates employees to work harder and learn harder, and also whether providing performance feedback in tournament schemes has any impact on task effort and learning effort.This thesis has three goals. The first is to investigate the relationship between incentives, learning, and performance. The literature on whether learning interacts with incentives to improve performance is inconclusive, because no prior research has provided a good test of this question (as noted by Bonner and Sprinkle 2002; Bailey and Fessler 2011; Bailey et al. 1998, and as remains true today). The second goal is to investigate the motivational effect of tournament schemes on effort. The literature suggests that effort is difficult to observe directly or to quantify; as a result, it is hard to verify whether tournament schemes motivate employees' task effort and learning effort. This thesis uses an eye-tracking device to measure effort, by measuring eye position, eye movements, and pupil size. The third goal is to investigate the effect of performance feedback on task effort, learning effort, and performance in the tournament setting.I posit and show evidence that both task effort and learning effort are higher in multiple-winner schemes than in either winner-takes-all schemes or piece-rate schemes. Task effort is directly positively associated with performance, while learning effort causes learning transfer to a job task, also yielding a positive effect on performance. I find that providing relative performance feedback in the tournament setting has no significant impact on task effort or learning effort.These findings have practical value for many corporations, which are constantly re-evaluating the effectiveness of their incentive schemes and reporting systems while investing in learning initiatives to help employees transfer learned skills to job tasks. Organizations may use the insights of this thesis to help them design learning initiatives and motivate employees to transfer learned skills to their job tasks.
Book Synopsis The Routledge Companion to Behavioural Accounting Research by : Theresa Libby
Download or read book The Routledge Companion to Behavioural Accounting Research written by Theresa Libby and published by Routledge. This book was released on 2017-11-06 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: Behavioural research is well established in the social sciences, and has flourished in the field of accounting in recent decades. This far-reaching and reliable collection provides a definitive resource on current knowledge in this new approach, as well as providing a guide to the development and implementation of a Behavioural Accounting Research project. The Routledge Companion to Behavioural Accounting Research covers a full range of theoretical, methodological and statistical approaches relied upon by behavioural accounting researchers, giving the reader a good grounding in both theoretical perspectives and practical applications. The perspectives cover a range of countries and contexts, bringing in seminal chapters by an international selection of behavioural accounting scholars, including Robert Libby and William R. Kinney, Jr. This book is a vital introduction for Ph.D. students as well as a valuable resource for established behavioural accounting researchers.
Author :Dennis D. Fehrenbacher Publisher :Springer Science & Business Media ISBN 13 :3642335993 Total Pages :265 pages Book Rating :4.6/5 (423 download)
Book Synopsis Design of Incentive Systems by : Dennis D. Fehrenbacher
Download or read book Design of Incentive Systems written by Dennis D. Fehrenbacher and published by Springer Science & Business Media. This book was released on 2013-05-28 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monetary incentives, as a driving force for human behavior, are the main theme of this book. The primary goals underlying the application of monetary incentive systems in companies are motivating employees to strive for superior productivity in line with the interests of employers, and hiring adequately skilled employees. The first goal refers to incentive effects, the latter to sorting effects. This book introduces important theories and concepts concerning behavior under influence of monetary incentives; it reviews existing economic frameworks and identifies specific contingency variables. Based on an integrative framework of elements influencing incentive and sorting effects, a laboratory experiment is presented including detailed methodological discussion on experimentation and data analysis as well as an extensive presentation of findings and discussion of implications.
Book Synopsis Health Economics by : Barbara McPake
Download or read book Health Economics written by Barbara McPake and published by Routledge. This book was released on 2020-05-04 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Health Economics: An International Perspective is the only textbook to provide a truly international, comparative treatment of health economics. Offering an analysis of health systems across borders, the fourth edition of this key text has been updated and revised to take account of changes in a host of countries. This edition features an expanded introduction, providing better grounding for many of the examples that come in subsequent chapters and making it easier for non-health care experts to see the links between the theory, the examples and the health care system components. It also boasts a restructured format, dividing the book into two broad sections: the first focuses on ideas and principles, along with evidence on their applications in the health sector, whereas the second focuses on introducing core tools and techniques used in applied health economics research. Further updates to this edition include: two new chapters on applied econometrics; a new chapter on equity, focusing on equity in access to health care, paying particular attention to how access and need for health care are defined and measured in applied research; a new chapter on emerging issues for health systems that are emanating from a series of global transitions both within (e.g. demographic change, epidemiological change, the global resolution on universal health coverage) and without the health sector (e.g. economic transitions). Throughout the text, examples and illustrations are taken from a wide range of settings and world regions, providing a unique overview of the performance of different health systems.
Book Synopsis Executive Remuneration and Employee Performance-Related Pay by : Tito Boeri
Download or read book Executive Remuneration and Employee Performance-Related Pay written by Tito Boeri and published by OUP Oxford. This book was released on 2013-03-28 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent financial crisis has created a public outcry over top-executive pay packages and has led to calls for reform of executive pay in Europe and the US. The current controversy is not the first - nor will it be the last - time that executive compensation has sparked outrage and led to regulation on both sides of the Atlantic. This volume compares US and European CEOs to trace the evolution of executive compensation, its controversies and its resulting regulations. It shows that many features of current executive compensation practices reflect the, often-unintended, consequences of regulatory responses to perceived abuses in top-executive pay, which frequently stem from relatively isolated events or situations. Regulation creates unintended (and usually costly) side effects and it is often driven by political agendas rather than shareholder value. Improvements in executive compensation are more likely to come from stronger corporate governance, and not through direct government intervention. The volume also examines the effects of incentive schemes and the patterns of performance related pay both within and across countries. It documents a number of empirical regularities and discusses whether government should intervene to support the implementation of incentive pay schemes. It argues that it makes little sense to undertake reform without detailed simulations of the effect on the economy under alternative economic scenarios, based on sound analysis and extensive discussion with labour, management, and government decision-makers.
Book Synopsis The Provision of Relative Performance Feedback by : Ghazala Azmat
Download or read book The Provision of Relative Performance Feedback written by Ghazala Azmat and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the effect of providing relative performance feedback on individuals' performance, under two incentive schemes. In a laboratory setup, agents perform a real-effort task. We show that relative performance feedback increases performance when performance is related to pay (piece-rate) but has no effect on performance when pay is independent of performance (flat-rate). These effects are independent of the agent's relative position. Subjects are also asked to rate their satisfaction during the experiment. We find that under flat-rate, feedback has no effect on agents' satisfaction, while under piece-rate, feedback about relative position affects satisfaction.
Book Synopsis EBOOK: ECONOMICS & MANAGEMENT by : HENDRIKSE
Download or read book EBOOK: ECONOMICS & MANAGEMENT written by HENDRIKSE and published by McGraw Hill. This book was released on 2003-03-16 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: EBOOK: ECONOMICS & MANAGEMENT
Book Synopsis Handbook of Management Accounting Research by : Christopher S. Chapman
Download or read book Handbook of Management Accounting Research written by Christopher S. Chapman and published by Elsevier. This book was released on 2011-09-14 with total page 745 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume two of the Handbooks of Management Accounting Research consists of two groups of chapters. The first draw together research that has focussed on particular management accounting practices. The second set synthesise contributions to the literature that have been focussed within particular organisational contexts. Volume two concludes with a review of research on how management accounting practice and research varies around the world. Special pricing available if purchased as a set with Volume 1. - Documents the scholarly management accounting literature - Publishing both in print, and online through Science Direct - International in scope
Book Synopsis The Effect of Task Interdependence and Type of Incentive Contract on Group Performance by : Ronald N. Guymon
Download or read book The Effect of Task Interdependence and Type of Incentive Contract on Group Performance written by Ronald N. Guymon and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: We extend Fisher, Peffer, and Sprinkle (2003) to investigate the effectiveness of a budget-based incentive contract to settings with alternate task characteristics. We first replicate their finding: when groups perform a task with an additive production function, a budget-based contract leads to higher levels of performance than a piece-rate contract. However, we do not find higher performance when we modify the task to be interdependent, arguably a key feature of group tasks. We also show that goal commitment mediates the incentive contract-performance relation for tasks with an additive production function. Collectively, these results suggest that variations in production technology influence the relative motivational effectiveness of different incentive plans.
Book Synopsis Selected Works of Joseph E. Stiglitz by : Joseph E. Stiglitz
Download or read book Selected Works of Joseph E. Stiglitz written by Joseph E. Stiglitz and published by Oxford University Press. This book was released on 2009 with total page 904 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second in a series of six volumes containing a selection of Joseph Stiglitz's most important and widely cited work. Volume I set out the basic concepts underlying the economics of information. Volume II extends these concepts and applies them to a number of different settings in labour, capital, and product markets
Book Synopsis The Effects of Performance Incentives and Creativity Training on Creative Problem Solving Performance by : Kun Huo
Download or read book The Effects of Performance Incentives and Creativity Training on Creative Problem Solving Performance written by Kun Huo and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Effects of Incentive Pay Systems with Tiered Goals on Performance by : Daniel B. Sundberg
Download or read book The Effects of Incentive Pay Systems with Tiered Goals on Performance written by Daniel B. Sundberg and published by . This book was released on 2015 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examined the relative effects of three incentive pay systems, piece-rate pay, threshold piece-rate pay, and bonus pay, on performance when individuals were given the same five-tiered performance goals. A fourth system, wage pay, served as a control. The task was a computerized simulation of a medical data entry job and the primary dependent variable was the number of correctly completed patient records. Sixty-six college students were randomly assigned to one of the four pay conditions, and attended one 60-minute covariate session and five 60-minute experimental sessions. Participants in the wage pay condition earned $6.50 per session; those in the three incentive pay conditions earned a base rate of $4.50 per session, and were able to earn up to $3.00 in incentive pay. An analysis of covariance showed no significant differences in performance among any of the four pay groups, or across time. Such findings indicate that organizations may be able to produce gains in performance similar to those found with incentive pay, through the use of tiered goals and feedback. These findings contradict past data that show that performance contingent monetary incentives produce gains in performance above what is seen with wage pay alone. The findings also support a limited body of research that suggests the effects of incentive pay systems may be strongly influenced by performance goals. Analysis of additional variables, further implications, and future directions for research are discussed in detail.
Book Synopsis Perspectives on U.S. Competitiveness in Science and Technology by : Titus Galama
Download or read book Perspectives on U.S. Competitiveness in Science and Technology written by Titus Galama and published by Rand Corporation. This book was released on 2007 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is the United States in danger of losing its competitive edge in science and technology "S & T"? In response to this concern, the Under Secretary of Defense for Personnel and Readiness asked RAND to convene a meeting, held on November 8, 2006, to review evidence presented by experts from academia, government, and the private sector. The papers presented at the meeting addressed a wide range of issues surrounding the United States' current and future S & T competitiveness, including science policy, the quantitative assessment of S & T capability, globalization, the rise of Asia "particularly China and India", innovation, trade, technology diffusion, the increase in foreign-born S & T students and workers in the United States, new directions in the management and compensation of federal S & T workers, and national security and the defense industry. These papers provide a partial survey of the facts, challenges, and questions posed by the potential erosion of U.S.S & T capability. The importance of S & T to U.S. prosperity and security warrants that policymakers pay careful attention to the various high-level reports issued over the past ve years that warn of pressures on the U.S. lead in S & T. The intellectual point of embarkation for the RAND meeting was the foremost recent such report, Rising Above the Gathering Storm: Energizing and Employing America for a Brighter Economic Future, by the National Academy of Sciences.
Book Synopsis The Supplemental Effects of Feedback on Work Performance Under a Monetary Incentive System by : Judy Lynn Agnew
Download or read book The Supplemental Effects of Feedback on Work Performance Under a Monetary Incentive System written by Judy Lynn Agnew and published by . This book was released on 1991 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Incentive Management by : John J. Hayes
Download or read book Incentive Management written by John J. Hayes and published by . This book was released on 1979 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: This interim technical report defines and identifies incentive management (rewards-for-performance) strategies that have been and can be employed to stimulate worker productivity. Recent theoretical and empirical studies are reviewed to evaluate the relative effectiveness of alternate incentive plans on performance. An inventory of popular incentive systems is compiled and a taxonomy that classifies incentives is designed. Finally, a computer-based demonstration package is developed to display how workforce supervisors and organizational development specialists can tailor incentive designs to the needs of specific organizations and job functions. The preliminary results indicate that incentive management is an effective tool to improve worker productivity and maximize manpower cost savings. However, tailored incentive strategies are required to meet the special contingencies of different organizations and tasks. (Author).
