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Author : Bonnie Miller Kind
Publisher :
ISBN 13 :
Total Pages : 164 pages
Book Rating : 4.:/5 (244 download)
Download or read book The Effects of Monetary Incentives on Productivity and Task Evaluation written by Bonnie Miller Kind and published by . This book was released on 1967 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Steffen Hetzel
Publisher : GRIN Verlag
ISBN 13 : 3640976908
Total Pages : 85 pages
Book Rating : 4.6/5 (49 download)
Download or read book The Impact of Financial Incentives on Individual Performance: An Experimental Approach written by Steffen Hetzel and published by GRIN Verlag. This book was released on 2011-08-04 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: Diploma Thesis from the year 2010 in the subject Economics - Job market economics, grade: 1,3, University of Mannheim, language: English, abstract: The thesis on hand is dealing with the impact of financial incentives on individual performance. For this, the perception of an experimental approach has been chosen. The target of the thesis is the development of the blueprint of an experiment to provide further research input on the effectiveness of financial incentives. To do so, the theoretical background for studying this problem is introduced by investigating the psychological and economical approaches to analyze the topic. Additionally, empirical and experimental studies dealing with this issue are presented. Based on those findings, the structure of an experiment to be carried out at university with students is developed and objectives, design and supplementary requirements for conducting this are discussed. Subsequent, suggestions for the analysis, reporting and possibly occurring challenges throughout the process of implementation are illustrated. The design of the experiment is giving a verification of before detected findings of a non-linear correlation between incentives and performance. In contrary to standard economic models, the relation is not predicted to be monotonic, but S-shaped. For this perspective, not only performance on varying incentive levels is analyzed, but also performance if payments are absent. Furthermore, the influence of publishing the course of incentive levels in the beginning of the experiment, in comparison to a task-to-task announcement is investigated. An evaluation of this relation is undertaken by studying the impact of financial incentives on performance of three observation groups through two different exercises with varying incentive levels during a real-effort experiment.
Author : Charles D. Bailey
Publisher :
ISBN 13 :
Total Pages : 13 pages
Book Rating : 4.:/5 (129 download)
Download or read book The Effects of Monetary Incentives on Worker Learning and Performance in an Assembly Task written by Charles D. Bailey and published by . This book was released on 2014 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accountants are concerned about the impact of incentive contracts on performance. Monetary incentives improve overall performance, but their effects on the components of performance are not well known. Performance on a repetitive task includes initial performance, subsequent improvement rate, and performance after learning ceases. Monetary incentives can affect any of these factors. This study examines the impact of piece-rate and goal-contingent incentives, versus fixed-pay, on initial performance and subsequent improvement rate in an assembly task. Previous literature has not simultaneously examined these components, which are homologous with the components of the industrial learning curve model. We find that both overall and initial performance, but not improvement rate, are higher in the incentive-pay groups. Two factors may explain the lack of differential improvement rates: subjects? effort allocation, since improving initial performance may be easier than improving subsequent performance; and the nature of these typical incentive-pay plans, which do not reward improvement directly.
Author : Judy Lynn Agnew
Publisher :
ISBN 13 :
Total Pages : 134 pages
Book Rating : 4.:/5 (279 download)
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:
Author : Kenneth Lee Yufer
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (227 download)
Download or read book The Effect of Monetary Incentives on Monitoring Performance written by Kenneth Lee Yufer and published by . This book was released on 1969 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A vigilance experiment was performed to evaluate the effect of monetary incentives on visual monitoring performance. The vigilance task was the detection of a slightly larger excursion of a voltmeter needle making 50 uniform excursions per minute. The length of the vigil was 48 minutes, during which 32 signals were presented. Ten subjects (Ss) in a control group performed the task without possibility of reward. A second group of 10 Ss performed the identical task receiving monetary rewards based on performance. Subjects receiving monetary rewards detected significantly more signals than did the control group. (Author).
Author : Sarah E. Bonner
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (129 download)
Download or read book Propositions About the Effects of Performance-Contingent Monetary Incentives on Task Performance written by Sarah E. Bonner and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we develop sixteen testable propositions about variables that moderate a positive relation between monetary incentives and task performance. The propositions are derived from a comprehensive review of the literatures in accounting, economics, finance, management, psychology, and other areas. We organize the propositions into four sections: person variables, task variables, environmental variables, and incentive-scheme variables. In addition, our focus is on moderators that are of significance to accounting researchers and accounting-related tasks as well as to organizations in general. Finally, we discuss possible directions for future research on the efficacy of monetary incentives for improving task performance.
Author : Urban Institute
Publisher :
ISBN 13 :
Total Pages : 108 pages
Book Rating : 4.4/5 (91 download)
Download or read book Monetary Incentives and Work Standards in Five Cities written by Urban Institute and published by . This book was released on 1977 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 0309225078
Total Pages : 111 pages
Book Rating : 4.3/5 (92 download)
Download or read book Incentives and Test-Based Accountability in Education written by National Research Council and published by National Academies Press. This book was released on 2011-10-18 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years there have been increasing efforts to use accountability systems based on large-scale tests of students as a mechanism for improving student achievement. The federal No Child Left Behind Act (NCLB) is a prominent example of such an effort, but it is only the continuation of a steady trend toward greater test-based accountability in education that has been going on for decades. Over time, such accountability systems included ever-stronger incentives to motivate school administrators, teachers, and students to perform better. Incentives and Test-Based Accountability in Education reviews and synthesizes relevant research from economics, psychology, education, and related fields about how incentives work in educational accountability systems. The book helps identify circumstances in which test-based incentives may have a positive or a negative impact on student learning and offers recommendations for how to improve current test-based accountability policies. The most important directions for further research are also highlighted. For the first time, research and theory on incentives from the fields of economics, psychology, and educational measurement have all been pulled together and synthesized. Incentives and Test-Based Accountability in Education will inform people about the motivation of educators and students and inform policy discussions about NCLB and state accountability systems. Education researchers, K-12 school administrators and teachers, as well as graduate students studying education policy and educational measurement will use this book to learn more about the motivation of educators and students. Education policy makers at all levels of government will rely on this book to inform policy discussions about NCLB and state accountability systems.
Author : Paul Whitney
Publisher : Springer Science & Business Media
ISBN 13 : 1468499696
Total Pages : 198 pages
Book Rating : 4.4/5 (684 download)
Download or read book Psychology and Productivity written by Paul Whitney and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is based on the symposium "Psychology and Productivity: Bringing Together Research and Practice" held at the University of Arkansas at Little Rock in August 1987. The conference was made possible by the Marie Wilson Howell's bequest to the UALR Psychology Department. The symposium participants (and others invited to contribute to this volume) came from three different perspectives. There were basic researchers with a broad range of theoretical interests, applied researchers with an industrial-organizational orientation, and practitioIlers who apply psychological principles in business settings. The conference was organized into three sessions, each consisting of presentations and discussions from one of the perspectives. This book follows the same format. It was our hope that the symposium would serve as a forum for communication across different areas that can contribute to understanding and improving white collar productivity. We hope that this volume helps to continue, on a broader scale, the communication established at the symposium.
Author : Edward P. Lazear
Publisher : John Wiley & Sons
ISBN 13 : 111820672X
Total Pages : 416 pages
Book Rating : 4.1/5 (182 download)
Download or read book Personnel Economics in Practice written by Edward P. Lazear and published by John Wiley & Sons. This book was released on 2014-11-03 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Personnel Economics in Practice, 3rd Edition by Edward Lazear and Michael Gibbs gives readers a rigorous framework for understanding organizational design and the management of employees. Economics has proven to be a powerful approach in the changing study of organizations and human resources by adding rigor and structure and clarifying many important issues. Not only will readers learn and apply ideas from microeconomics, they will also learn principles that will be valuable in their future careers.
Author :
Publisher :
ISBN 13 :
Total Pages : 1018 pages
Book Rating : 4.F/5 ( download)
Download or read book Dissertation Abstracts written by and published by . This book was released on 1967 with total page 1018 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Robert H. Ashton
Publisher : Cambridge University Press
ISBN 13 : 0521418445
Total Pages : 311 pages
Book Rating : 4.5/5 (214 download)
Download or read book Judgment and Decision-Making Research in Accounting and Auditing written by Robert H. Ashton and published by Cambridge University Press. This book was released on 1995-09-29 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timely and comprehensive study on behavioural decision-making within the field of accounting.
Author : Julie M. Slowiak
Publisher :
ISBN 13 :
Total Pages : 184 pages
Book Rating : 4.:/5 (32 download)
Download or read book Self-solicited Feedback written by Julie M. Slowiak and published by . This book was released on 2008 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: The frequency of feedback solicitation under hourly pay and individual monetary incentive pay conditions was examined. A two-group between-subjects design was used with 30 college students in each group. Participants attended three experimental sessions and entered the cash value of simulated bank checks presented on a computer screen. Results indicated that (a) participants who were paid individual monetary incentives did not self-solicit feedback more often than those who were paid an hourly wage, (b) feedback solicitation was not related to individual differences in levels of competition with one's self or competition with others, (c) task performance was higher for individuals who were paid monetary incentives, and (d) task performance was not related to feedback solicitation. These results suggest that self-solicited feedback did not function as a conditioned reinforcer, and that monetary incentives served as functional rewards engendering higher performance. These results also support the contention that it may be necessary to pair objective feedback with an evaluative component in order to enhance performance. Recommendations are provided for future research evaluating the factors that may influence self-solicited feedback, as well as factors that may enhance the effectiveness of this type of feedback.
Author : Sheila F. McNeill
Publisher :
ISBN 13 :
Total Pages : 336 pages
Book Rating : 4.:/5 (187 download)
Download or read book The Effects of Extrinsic Monetary Incentives on Motivation and Performance in a Transfer-task Problem-solving Situation written by Sheila F. McNeill and published by . This book was released on 1987 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Stephen G. Harkins
Publisher : Springer Science & Business Media
ISBN 13 : 1461508010
Total Pages : 298 pages
Book Rating : 4.4/5 (615 download)
Download or read book Multiple Perspectives on the Effects of Evaluation on Performance written by Stephen G. Harkins and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the field of psychology, research areas often develop in relative isolation. Researchers in different areas are either not aware of, or seem to fail to see the relevance of findings from other areas even though it would seem that the findings are directly relevant to their own. One striking example of this is to be found in research that focuses on the effects of evaluation on performance. This volume integrates thinking from five different research traditions - Achievement Goals, Intrinsic vs. Extrinsic Motivation, Goal Setting, Social Loafing, and Social Facilitation - through the unique format of a give-and-take conversation between leading academics from each.
Author : Isabell M. Welpe
Publisher : Springer
ISBN 13 : 3319097857
Total Pages : 493 pages
Book Rating : 4.3/5 (19 download)
Download or read book Incentives and Performance written by Isabell M. Welpe and published by Springer. This book was released on 2014-11-07 with total page 493 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contributes to the current discussion in society, politics and higher education on innovation capacity and the financial and non-financial incentives for researchers. The expert contributions in the book deal with implementation of incentive systems at higher education institutions in order to foster innovation. On the other hand, the book also discusses the extent to which governance structures from economy can be transferred to universities and how scientific performance can be measured and evaluated. This book is essential for decision-makers in knowledge-intensive organizations and higher-educational institutions dealing with the topic of performance management.
Author : Andrei O. J. Kwok
Publisher : Springer Nature
ISBN 13 : 9811623430
Total Pages : 133 pages
Book Rating : 4.8/5 (116 download)
Download or read book Augmenting Employee Trust and Cooperation written by Andrei O. J. Kwok and published by Springer Nature. This book was released on 2021-06-01 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an essential guide for academics and practitioners to understand employees’ differences in personality and how best to motivate them accordingly. The authors provide an in-depth perspective of how organizations can better prepare for the new realities of the workplace. Amidst the war for talent and a continually evolving workplace that has reduced employee psychological attachment, employees prefer to be treated as individuals with the expectation of individual recognition and reward. The authors draw from their personal, corporate, and research experience by combining interdisciplinary perspectives (organizational behavior, human resource management, psychology, sociology, economics) to offer holistic insights into individual expectancy and motivation integral to a successful employer-employee interaction. Interestingly, research remains lacking on the effects of excessive extrinsic rewards on trust and cooperation. Hence, this book fulfills significant gaps in vital areas that existing studies have not yet sufficiently addressed. These areas are psychological contract, excessive extrinsic rewards, and individual differences in personality (locus of control and general trust). The authors use scenario-based laboratory experiments to examine the moderating effects of locus of control and general trust that underscore employee expectations. The differential effects contribute to insight on behavioral outcomes in the workplace that result from employee perception, personality, and intention towards the provision of rewards. Consequently, the book dispels the discrepancies between economists and psychologists about the efficacy of rewards. Findings demonstrate that although excessive extrinsic rewards augment all employees’ trust and cooperation, it is vital for employers to reward selectively those who are most deserving. Findings offer a deeper understanding of the saliency, efficacy, and judiciousness of excessive extrinsic rewards. Employers will benefit by understanding how best to tailor rewards to motivate each employee.
