| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP17010 |
| DP17010 A Pay Change and Its Long-term Consequences | |
| Guido Friebel; Miriam Krueger | |
| 发表日期 | 2022-02-05 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | In a professional services firm, top management unexpectedly adjusted the pay of consultants in some divisions to the pay in other divisions. In this quasi-experiment, fixed wages increased and bonuses decreased, reducing pay for the high and increasing it for the low performers. Individual outputs and efforts decreased by 30%, and attrition and absenteeism increased. The effects are driven by those who were rationally expecting to lose from the pay change. Observing a period of more than three years, we show long-term negative reciprocity of those affected, but no negative selection effects of new hires. |
| 主题 | Labour Economics ; Organizational Economics |
| URL | https://cepr.org/publications/dp17010 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545957 |
| 推荐引用方式 GB/T 7714 | Guido Friebel,Miriam Krueger. DP17010 A Pay Change and Its Long-term Consequences. 2022. |
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