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Compensation Supplements And The Use Of Incentive Pay In Us Job Markets
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Book Synopsis Compensation Supplements and the Use of Incentive Pay in Us Job Markets by : Anthony J. Barkume
Download or read book Compensation Supplements and the Use of Incentive Pay in Us Job Markets written by Anthony J. Barkume and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The firm's interest in monitoring and/or motivating workers appears to be an important reason why firms use pay supplements such as bonuses and overtime work. In this paper, I used a representative sample of U.S. private industry jobs to obtain some indirect evidence on what pay supplements may play a role as an incentive instrument. I studied how various pay supplements differ when traditional incentive pay - pay based on individual results such as piece rates or sales commissions - is a part of job earnings; I argue that the marginal benefit to use of a pay supplement as an incentive instrument should fall when incentive pay is used. As expected, bonuses not based on individual results and use of overtime work were both found to be lower when incentive pay is used on the job. However, I also found that expected hours of holiday/vacation leave and employer spending on defined contribution retirement plans were lower with use of incentive pay. These results are contrasted with union-nonunion differences in pay supplements, updating Freeman's 1981 results. The paper also discusses the role that incentive pay and collective bargaining play in accommodating differences in worker preferences in the job market.
Book Synopsis BLS Working Papers by : Anthony Barkume
Download or read book BLS Working Papers written by Anthony Barkume and published by CreateSpace. This book was released on 2013-08-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: The firm's interest in monitoring and/or motivating workers appears to be an important reason why firms use pay supplements such as bonuses and overtime work. Using a representative sample of U.S. private industry jobs, this paper obtains some indirect evidence on what pay supplements serve as incentive instruments. I study how various pay supplements differ in both incidence and generosity when traditional incentive pay--pay based on individual results such as piece rates or sales commissions--is a part of job earnings. If a firm does use incentive pay the marginal benefit of a pay supplement as an incentive instrument should fall. Otherwise, the use of incentive pay should have no necessary relationship to provision of a pay supplement, with provision driven by worker preferences for the benefits provided.
Book Synopsis Compensation Supplements and Use of Incentive Pay in U.S. Job Markets by : Anthony J. Barkume
Download or read book Compensation Supplements and Use of Incentive Pay in U.S. Job Markets written by Anthony J. Barkume and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Using Incentive Pay and Providing Pay Supplements in U.S. Job Markets by : Anthony J. Barkume
Download or read book Using Incentive Pay and Providing Pay Supplements in U.S. Job Markets written by Anthony J. Barkume and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article investigates whether the earnings premium found with use of incentive pay is offset by lower supplemental pay. More comprehensive measures of employer costs for employee compensation are used to test the hypothesis. These data indicate that bonuses, overtime work, pension provision, and shift differentials can be less common in jobs with incentive pay, but the lower incidence of these forms of compensation does not offset the higher earnings associated with incentive pay.
Author :United States. Congress. House. Committee on the Judiciary. Subcommittee on Immigration, Border Security, and Claims Publisher : ISBN 13 : Total Pages :164 pages Book Rating :4.3/5 (91 download)
Book Synopsis Prospects for American Workers by : United States. Congress. House. Committee on the Judiciary. Subcommittee on Immigration, Border Security, and Claims
Download or read book Prospects for American Workers written by United States. Congress. House. Committee on the Judiciary. Subcommittee on Immigration, Border Security, and Claims and published by . This book was released on 2004 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Industrial Relations written by and published by . This book was released on 2004-07 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Review Body on Doctors' and Dentists' Remuneration Publisher :The Stationery Office ISBN 13 :9780101851824 Total Pages :202 pages Book Rating :4.8/5 (518 download)
Book Synopsis Review of Compensation Levels, Incentives and the Clinical Excellence and Distinction Award Schemes for NHS Consultants by : Review Body on Doctors' and Dentists' Remuneration
Download or read book Review of Compensation Levels, Incentives and the Clinical Excellence and Distinction Award Schemes for NHS Consultants written by Review Body on Doctors' and Dentists' Remuneration and published by The Stationery Office. This book was released on 2012-12-17 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Review Body on Doctors' and Dentists' Remuneration is an independent body that makes recommendations to the Prime Minister, the Secretary of State for Health, and the appropriate Ministers and departments in Scotland, Wales and Northern Ireland in respect of pay. The Review takes in account the following considerations: (i) The need to recruit, retain and motivate doctors and dentists; (ii) Regional/local variations in labour markets; (iii) The funds available to the Health Departments; (iv) The overall strategy of the NHS in respect of patient care. The consultant body is comprised of the most senior medical and dental staff in the NHS, who have expert knowledge in their specialities. The Review Body concludes that the overall compensation for consultants is appropriate, but has some reservations about existing schemes and believes that awards should not be a substitute for pay progression. The Review Body outlines a proposed integrated package and career structure for consultants.
Book Synopsis Annual Report - United States Department of Labor by : United States. Dept. of Labor
Download or read book Annual Report - United States Department of Labor written by United States. Dept. of Labor and published by . This book was released on with total page 1186 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Distribution Data Guide written by and published by . This book was released on 1956 with total page 688 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Trends in the Structure of the Labor Market and Unemployment by : Elaine L. Chao
Download or read book Trends in the Structure of the Labor Market and Unemployment written by Elaine L. Chao and published by . This book was released on 2008 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Statistical Supplement to the Survey of Current Business by :
Download or read book Statistical Supplement to the Survey of Current Business written by and published by . This book was released on 1961 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pay written by Thomas Henry Patten and published by . This book was released on 1977 with total page 632 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes bibliography, index.
Book Synopsis Improving Employment Opportunities for Female Black Teenagers in New York City by : Metropolitan Applied Research Center
Download or read book Improving Employment Opportunities for Female Black Teenagers in New York City written by Metropolitan Applied Research Center and published by . This book was released on 1976 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Strategic Compensation by : Joseph J. Martocchio
Download or read book Strategic Compensation written by Joseph J. Martocchio and published by Pearson Higher Ed. This book was released on 2012-02-27 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the eBook of the printed book and may not include any media, website access codes, or print supplements that may come packaged with the bound book. The art and science of compensation practice. Strategic Compensation: A Human Resource Management Approach illustrates the art and science of compensation practice and its role in promoting a company’s competitive advantage. The seventh edition was thoroughly revised, and now includes current statistics and a new chapter offering the latest information to compensation professionals.
Download or read book Business Statistics, 1963-91 written by and published by . This book was released on 1992 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Business Statistics, 1963-1991 by : DIANE Publishing Company
Download or read book Business Statistics, 1963-1991 written by DIANE Publishing Company and published by DIANE Publishing Inc.. This book was released on 1997-04 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents historical data and methodological notes for approximately 2,100 Census Bureau series. Contents: general business indicators; commodity prices; construction and real estate; domestic trade; labor force, employment and earnings; finance; foreign trade of the U.S.; transportation and communications; chemicals and allied products; electric power and gas; food and kindred products, tobacco; leather; lumber; metals and manufacturers; petroleum and coal; pulp and paper products; rubber products; stone, clay, and glass products; textiles; and transportation equipment. Tables.
Book Synopsis Pay Without Performance by : Lucian A. Bebchuk
Download or read book Pay Without Performance written by Lucian A. Bebchuk and published by Harvard University Press. This book was released on 2004 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: The company is under-performing, its share price is trailing, and the CEO gets...a multi-million-dollar raise. This story is familiar, for good reason: as this book clearly demonstrates, structural flaws in corporate governance have produced widespread distortions in executive pay. Pay without Performance presents a disconcerting portrait of managers' influence over their own pay--and of a governance system that must fundamentally change if firms are to be managed in the interest of shareholders. Lucian Bebchuk and Jesse Fried demonstrate that corporate boards have persistently failed to negotiate at arm's length with the executives they are meant to oversee. They give a richly detailed account of how pay practices--from option plans to retirement benefits--have decoupled compensation from performance and have camouflaged both the amount and performance-insensitivity of pay. Executives' unwonted influence over their compensation has hurt shareholders by increasing pay levels and, even more importantly, by leading to practices that dilute and distort managers' incentives. This book identifies basic problems with our current reliance on boards as guardians of shareholder interests. And the solution, the authors argue, is not merely to make these boards more independent of executives as recent reforms attempt to do. Rather, boards should also be made more dependent on shareholders by eliminating the arrangements that entrench directors and insulate them from their shareholders. A powerful critique of executive compensation and corporate governance, Pay without Performance points the way to restoring corporate integrity and improving corporate performance.
