English, Article, Journal or magazine article edition: Performance pay, sorting and the dimensions of job satisfaction John S Heywood; Colin Green

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Bookmark: http://trove.nla.gov.au/version/59500
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Performance pay, sorting and the dimensions of job satisfaction
Author
  • John S Heywood
  • Colin Green
Physical Description
  • preprint
Notes
  • This paper investigates the influence of performance related pay on several dimensions of job satisfaction. In cross-sectional estimates, performance related pay is associated with increased overall satisfaction, satisfaction with pay, satisfaction with job security and satisfaction with hours. It appears to be negatively associated with satisfaction with the work itself. Yet, after accounting for worker fixed-effects, the positive associations remain and the negative association vanishes. These results appear robust to a variety of alternative specifications and support the notion that performance pay allows increased opportunities for worker optimization and do not generally demotivate workers or crowd out intrinsic motivation.
  • RePEc:lan:wpaper:004731
Language
  • English
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