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来源类型Working Paper
规范类型报告
DOI10.3386/w17745
来源IDWorking Paper 17745
Does Linking Worker Pay to Firm Performance Help the Best Firms Do Even Better?
Douglas L. Kruse; Joseph R. Blasi; Richard B. Freeman
发表日期2012-01-12
出版年2012
语种英语
摘要This paper analyzes the linkages among group incentive methods of compensation, labor practices, worker assessments of workplace culture, turnover, and firm performance in a non-representative sample of companies: firms that applied to the "100 Best Companies to Work For in America" competition from 2005 to 2007. Although employers with good labor practices self- select into the 100 Best Companies firms sample, which should bias the analysis against finding strong associations among modes of compensation, labor policies, and outcomes, we find that in the firms that make more extensive use of group incentive pay employees participate more in decisions, have greater information sharing, trust supervisors more, and report a more positive workplace culture than in other companies. The combination of group incentive pay with policies that empower employees and create a positive workplace culture reduces voluntary turnover and increases employee intent to stay and raises return on equity. Finding these effects in the non-representative "100 Best Companies" sample strengthens the likelihood that the policies have a causal impact on employee well-being and firm performance.
主题Labor Economics ; Labor Compensation ; Labor Relations ; Unemployment and Immigration ; Other ; Accounting, Marketing, and Personnel ; Economic Systems
URLhttps://www.nber.org/papers/w17745
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/575419
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Douglas L. Kruse,Joseph R. Blasi,Richard B. Freeman. Does Linking Worker Pay to Firm Performance Help the Best Firms Do Even Better?. 2012.
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