Paying for Productivity

Paying for Productivity PDF Author: Alan S. Blinder
Publisher: Brookings Institution Press
ISBN: 9780815717126
Category : Business & Economics
Languages : en
Pages : 326

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Book Description
Will higher pay provide an incentive for better work? Can productivity be increased by changing the way workers are compensated? In response to the urgent need to improve productivity performance in American industry, leading economists examine alternative compensation schemes to assess their efficiency in raising productivity. Over the years a number of suggestions have been made for improving labor productivity by changing the manner in which laborers are compensated for their efforts. The ideas presented and analyzed in this volume have all been put into practice, in modified form or on a small scale, in the United States or elsewhere. Some are new; others quite old. David I. Levine and Laura D'Andrea Tyson consider the effects of employee participation in decisionmaking on firm performance, and Martin L. Weitzman and Douglas L. Kruse discuss the implications of profit sharing and related forms of pay for group performance. Michael A. Conte and Jan Svejnar analyze employee stock ownership plans in the United States and other forms of worker ownership in Europe; Masanore Hashimoto uses a transaction-cost perspective to assess Japanese employment and wage systems. Daniel J. B. Mitchell, David Lewin, and Edward E. Lawler III give an overall analysis of traditional and alternative pay systems, their history, development, and curent use, and recommend further experimentation with alternative compensation plans to ensure more adaptability on the part of U.S. firms. Blinder provides an overview of the findings and conclusions.

Paying for Productivity

Paying for Productivity PDF Author: Alan S. Blinder
Publisher: Brookings Institution Press
ISBN: 9780815717126
Category : Business & Economics
Languages : en
Pages : 326

Get Book Here

Book Description
Will higher pay provide an incentive for better work? Can productivity be increased by changing the way workers are compensated? In response to the urgent need to improve productivity performance in American industry, leading economists examine alternative compensation schemes to assess their efficiency in raising productivity. Over the years a number of suggestions have been made for improving labor productivity by changing the manner in which laborers are compensated for their efforts. The ideas presented and analyzed in this volume have all been put into practice, in modified form or on a small scale, in the United States or elsewhere. Some are new; others quite old. David I. Levine and Laura D'Andrea Tyson consider the effects of employee participation in decisionmaking on firm performance, and Martin L. Weitzman and Douglas L. Kruse discuss the implications of profit sharing and related forms of pay for group performance. Michael A. Conte and Jan Svejnar analyze employee stock ownership plans in the United States and other forms of worker ownership in Europe; Masanore Hashimoto uses a transaction-cost perspective to assess Japanese employment and wage systems. Daniel J. B. Mitchell, David Lewin, and Edward E. Lawler III give an overall analysis of traditional and alternative pay systems, their history, development, and curent use, and recommend further experimentation with alternative compensation plans to ensure more adaptability on the part of U.S. firms. Blinder provides an overview of the findings and conclusions.

Paying for Productivity

Paying for Productivity PDF Author: Alan S. Blinder
Publisher: Brookings Institution Press
ISBN: 0815717121
Category : Business & Economics
Languages : en
Pages : 321

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Book Description
Will higher pay provide an incentive for better work? Can productivity be increased by changing the way workers are compensated? In response to the urgent need to improve productivity performance in American industry, leading economists examine alternative compensation schemes to assess their efficiency in raising productivity. Over the years a number of suggestions have been made for improving labor productivity by changing the manner in which laborers are compensated for their efforts. The ideas presented and analyzed in this volume have all been put into practice, in modified form or on a small scale, in the United States or elsewhere. Some are new; others quite old. David I. Levine and Laura D'Andrea Tyson consider the effects of employee participation in decisionmaking on firm performance, and Martin L. Weitzman and Douglas L. Kruse discuss the implications of profit sharing and related forms of pay for group performance. Michael A. Conte and Jan Svejnar analyze employee stock ownership plans in the United States and other forms of worker ownership in Europe; Masanore Hashimoto uses a transaction-cost perspective to assess Japanese employment and wage systems. Daniel J. B. Mitchell, David Lewin, and Edward E. Lawler III give an overall analysis of traditional and alternative pay systems, their history, development, and curent use, and recommend further experimentation with alternative compensation plans to ensure more adaptability on the part of U.S. firms. Blinder provides an overview of the findings and conclusions.

Performance Pay and Productivity

Performance Pay and Productivity PDF Author: Edward P. Lazear
Publisher:
ISBN:
Category : Piece work
Languages : en
Pages : 34

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Book Description
What happens when a firm switches from paying hourly wages to paying piece rates? The theory developed below predicts that average productivity rises, that the firm will attract a more able work force and that the variance in output across individuals at the firm will rise as well. The theory is tested with data from a large autoglass company that changed compensation structures between 1994 and 1995. All theoretical predictions are borne out. In the firm examined, the productivity effects are extremely large, amounting to anywhere from about 20% to 36% of output, depending on what is held constant. About half of the worker-specific increase in productivity is passed on to workers in the form of higher wages

Pay, Productivity and Collective Bargaining

Pay, Productivity and Collective Bargaining PDF Author: R.B. McKersie
Publisher: Springer
ISBN: 1349003727
Category : Law
Languages : en
Pages : 405

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Book Description


Productivity and Economic Incentives

Productivity and Economic Incentives PDF Author: J. P. Davidson
Publisher: Routledge
ISBN: 1136511423
Category : Business & Economics
Languages : en
Pages : 309

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Book Description
As the controversies surrounding performance related pay have demonstrated, reward management is a key issue. Collecting the results of 'fieldwork' investigations in factories and retail outlets, this book measures output before and after a change in methods of remuneration. The link between productivity and stress is explored and conclusions drawn. An introductory chapter, by the eminent economist P. Sargant Florence summarises previously published productivity studies.

You’re Paid What You’re Worth

You’re Paid What You’re Worth PDF Author: Jake Rosenfeld
Publisher: Harvard University Press
ISBN: 0674250834
Category : Business & Economics
Languages : en
Pages : 385

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Book Description
“This is the book to throw at your human resources director—not literally, of course—when any attempt is being made to bamboozle you about how decisions on pay have been made...It is a closely argued, thoroughly researched treatise on how we got here and how pay could be both fairer and more effective as a reward.” —Stefan Stern, Financial World “A flat-out revelation of a book by one of the nation’s top scholars of the labor market...required reading for anyone who cares about the future of work in America.” —Matthew Desmond, author of Poverty, by America “Jake Rosenfeld pulls back the curtain on the multifaceted cultural, institutional, and market forces at play in wage-setting. This timely book illuminates the power dynamics and often arbitrary forces that have contributed to the egregious inequality in the U.S. labor market—and then lays out a clear blueprint for progressive change.” —Thea Lee, President of the Economic Policy Institute Job performance and where you work play a role in determining pay, but judgments of productivity and value are highly subjective. What makes a lawyer more valuable than a teacher? How do you measure the output of a police officer, a professor, or a reporter? Why, in the past few decades, did CEOs suddenly become hundreds of times more valuable than their employees? The answers lie not in objective criteria but in battles over interests and ideals. Four dynamics are paramount: power, inertia, mimicry, and demands for equity. Power struggles legitimize pay for particular jobs, and organizational inertia makes that pay seem natural. Mimicry encourages employers to do what their peers are doing. And workers are on the lookout for practices that seem unfair. Jake Rosenfeld shows us how these dynamics play out in real-world settings, drawing on cutting-edge economics and original survey data, with an eye for compelling stories and revealing details. You’re Paid What You’re Worth gets to the heart of that most basic of social questions: Who gets what and why?

Productivity and Job Security

Productivity and Job Security PDF Author: National Center for Productivity and Quality of Working Life
Publisher:
ISBN:
Category : Collective labor agreements
Languages : en
Pages : 128

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Book Description


Attention Pays

Attention Pays PDF Author: Neen James
Publisher: John Wiley & Sons
ISBN: 1119480256
Category : Business & Economics
Languages : en
Pages : 231

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Book Description
Drive profitability, productivity, and accountability To create extraordinary lives, we must learn to “unplug” from the constant barrage of disruptions and “plug in” to the tools, strategies, and mindsets that allow us to harness our attention to reach our highest potential—and this book shows you how. Attention Pays spotlights on the power of attention and absolute focus. Personally: WHO we pay attention to. Professionally: WHAT we pay attention to. And Globally: HOW we pay attention in the world—and to the world. In an on-demand, 24/7 society, where distractions cost millions of people productivity, profitability, relationships and peace, it's time to pay attention to what matters most. • Includes powerful tips and tricks increase profitability • Shows you how to achieve maximum accountability and results • Provides strategies to help you productively manage daily tasks • Offers guidance on improving your daily attention and focus If you’re ready drive profitably, increase productivity and boost accountability, it’s time to tune out the noise, focus on what really matters and learn how Attention Pays.

Leveling the Paying Field

Leveling the Paying Field PDF Author: Rick Gillis
Publisher: Simon and Schuster
ISBN: 1950906973
Category : Business & Economics
Languages : en
Pages : 184

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Book Description
"How much are you worth? Rick Gillis brings science to the art of getting paid fairly at work." — Adrian Gostick & Chester Elton, Best Selling Authors | The Carrot Principle, Leading With Gratitude & Anxiety At Work “An infectiously evenhanded, useful approach to assessing fairer pay.” — Kirkus Leveling the Paying Field offers anyone who takes home a paycheck, seeking a new job opportunity, or carving out their own career path the opportunity to take pay parity into their own hands. Several books exist on the topic of fair pay, but none offers an individual approach to achieving fair pay like Leveling the Paying Field. In his latest book, author Rick Gillis has created a rich new metric for measuring the value of the work you produce he calls the QTNT® (pronounced: ‘quotient’). Your QTNT score can then be used to reasonably and realistically challenge your current rate of pay. Not only can equal pay for equal work ultimately be realized, but even better, proper pay for outstanding performance becomes the new normal. “This is an important book - for job seekers and hiring managers alike.” — Hung Lee, Curator & Editor | RecruitingBrainfood.com “...in clear and concise steps, he has dispelled any uncertainty of exactly how to level up and get paid what you are worth.” — Alisa Murray, Award winning Columnist and Content Creator | Living the Sweet Life “In Leveling the Paying Field Rick Gillis has brought his lifetime of career management experience to solving one of the hardest aspects of compensation and negotiation: quantifying performance and value fairly and accurately, regardless of role or gender... His ‘quotient’ will work for everyone…” — Lisa Gates, Negotiation & Career Story Coach | StoryHappensHere.com

Performance Pay and Enterprise Productivity

Performance Pay and Enterprise Productivity PDF Author: Antti Kauhanen
Publisher:
ISBN:
Category :
Languages : en
Pages : 19

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Book Description