haku: @author Siebert, W. / yhteensä: 2
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Tekijä: | Heywood, J. Siebert, W. Wei, X. |
Otsikko: | Payment by Results Systems: British Evidence |
Lehti: | British Journal of Industrial Relations
1997 : MAR, VOL. 35:1, p. 1-22 |
Asiasana: | INDUSTRIAL RELATIONS UNITED KINGDOM PAYMENT SYSTEMS |
Kieli: | eng |
Tiivistelmä: | A model of the firm's decision to adopt a payment by results system is developed and tested with British establishment data. The model maintains that payment by results systems have larger set-up costs but lower supervision costs than time rates, particularly for short-tenure workers who are not well motivated by deferred compensation. The evidence confirms the model's predictions by showing that payment by results systems substitute for supervision. |
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