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来源类型Working Paper
规范类型报告
DOI10.3386/w28487
来源IDWorking Paper 28487
Kinks as Goals: Accelerating Commissions and the Performance of Sales Teams
Peter J. Kuhn; Lizi Yu
发表日期2021-02-22
出版年2021
语种英语
摘要We study the performance of small retail sales teams facing an incentive scheme that includes both a lump sum bonus and multiple accelerators (kinks where the piece rate jumps upward). Consistent with standard labor supply models, we find that the presence of an attainable bonus or kink on a work-day raises mean sales, and that sales are highly bunched at the bonus. Inconsistent with those models, we find that teams bunch at the kinks instead of avoiding them. Teams’ responses to the kinks are consistent with models in which the kinks are perceived as symbolic rewards, or where kinks induce a sufficient amount of loss aversion. Since bunching at both the target and kinks is strongest in larger, more experienced teams, we argue that these reference points are best understood as shared goals, used by teams to motivate and co-ordinate their members.
主题Labor Economics ; Labor Compensation ; Other ; Accounting, Marketing, and Personnel
URLhttps://www.nber.org/papers/w28487
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/586159
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GB/T 7714
Peter J. Kuhn,Lizi Yu. Kinks as Goals: Accelerating Commissions and the Performance of Sales Teams. 2021.
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