The Choice of Payment Schemes: Australian Establishment Data

Robert Drago and John S. Heywood ()
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Robert Drago: Univ. of Wisconsin-Milwaukee

Labor and Demography from EconWPA

Abstract: This paper estimates the determinants of incentive schemes. Using Australian data, we analyze a relatively large variety of incentive systems (i.e., individual piece rates, workgroup performance bonuses, workplace level systems and profit sharing) using both the new economics of personnel and the literature on strategic choice to generate hypotheses. We find that monitoring issues, job security, product market competition, and the industrial relations climate rank among the most crucial determinants of incentive use, though this pattern varies across incentive schemes.

JEL-codes: J (search for similar items in EconPapers)
Date: 1994-02-02, Revised 1994-02-04
Note: Use VVDECODE (0.97 beta) to unencode, PKUNZIP (1.93 or later) to uncompress; will yield 2 WordPerfect5.1 file (text and tables) formatted for LaserJet4L.(Note, paper replaced because original incorrectly zipped)
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Related works:
Working Paper: The Choice of Payment Schemes: Australian Establishment Data (1995)
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpla:9402001

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