Berger, Johannes (2011) Compensation, Performance and Selection - Empirical Studies on the Effectiveness of Incentive Schemes in Firms. PhD thesis, Universität zu Köln.
Abstract
This thesis empirically investigates the effectiveness of incentives systems in firms and organizations. We are interested in how employees respond to different forms of monetary incentives. By the means of laboratory experiments and field data we analyze bonus systems based on subjective performance appraisals, tournament incentives and pay-for-performance incentive schemes. We study individual performance, cooperation, absenteeism and self-selection as potential employee responses evoked by these incentives systems. The interaction between individual preferences and compensation schemes is a second focus of this thesis.
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