Design and Implementation of Pay for Performance
University of Chicago Booth School of Business; Institute for the Study of Labor (IZA)
IZA Discussion Paper No. 6322
A large, mature and robust economic literature on pay for performance now exists, which provides a useful framework for thinking about pay for performance systems. I use the lessons of the literature to discuss how to design and implement pay for performance in practice.
Number of Pages in PDF File: 38
Keywords: incentives, pay for performance, performance measurement, subjective evaluation
JEL Classification: M52, J33, M12, L81working papers series
Date posted: February 12, 2012
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