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来源类型Working Paper
规范类型报告
DOI10.3386/w29377
来源IDWorking Paper 29377
Pay, Productivity and Management
Nicholas Bloom; Scott W. Ohlmacher; Cristina J. Tello-Trillo; Melanie Wallskog
发表日期2021-10-18
出版年2021
语种英语
摘要Using confidential Census matched employer-employee earnings data we find that employees at more productive firms, and firms with more structured management practices, have substantially higher pay, both on average and across every percentile of the pay distribution. This pay-performance relationship is particularly strong amongst higher paid employees, with a doubling of firm productivity associated with 11% more pay for the highest-paid employee (likely the CEO) compared to 4.7% for the median worker. This pay-performance link holds in public and private firms, although it is almost twice as strong in public firms for the highest-paid employees. Top pay volatility is also strongly related to productivity and structured management, suggesting this performance-pay relationship arises from more aggressive monitoring and incentive practices for top earners.
主题Labor Economics ; Industrial Organization
URLhttps://www.nber.org/papers/w29377
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/587051
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GB/T 7714
Nicholas Bloom,Scott W. Ohlmacher,Cristina J. Tello-Trillo,et al. Pay, Productivity and Management. 2021.
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