Profit-Related Pay: Prose Discovered

David Blanchflower and Andrew Oswald

Economic Journal, 1988, vol. 98, issue 392, 720-30

Abstract: This paper estimates that, in 1984, 43 percent of British private sector establishments had some form of profit- related pay. Regression results do not show that these establishments had statistically-significant better financial performance. Cross-ta bulations do not suggest that the establishments with income-sharing schemes had noticeably greater employment growth or better industrial relations. Copyright 1988 by Royal Economic Society.

Date: 1988
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