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Author:Devaro, J.
Title:Strategic promotion tournaments and worker performance
Journal:Strategic Management Journal
2006 : AUG, VOL. 27:10, p. 721-740
Index terms:performance appraisal
promotion
workers
Language:eng
Abstract:This paper discusses promotion schemes as human resource management strategies by which the firm can realize strategic goals by motivating workers to higher levels of effort and performance. The findings suggest that relative performance of workers determines promotions, supporting the notion of internal promotion competitions in which internal hiring policies and fixed job slots combine to create competitions among workers of a given rank in a firm. A structural model of promotion tournaments that simultaneously accounts for worker and firm behavior and how the interaction of these behaviors give rise to promotions, is also estimated.
SCIMA record nr: 263065
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