Compensation and performance: An experimental study

C-Tier
Journal: Economics Letters
Year: 2014
Volume: 124
Issue: 2
Pages: 304-307

Score contribution per author:

0.505 = (α=2.02 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper investigates how compensation structure affects performance in a simple but effort-consuming task. In this experimental study, the subjects were asked to multiply two-digit numbers for 40 min and were paid using either a linear (with different pay for performance sensitivities) or a convex (option-based) compensation mechanism. We found that per-unit wage has a non-linear positive effect on performance: whereas increasing per-unit compensation from $0 to $0.02 or from $0.05 to $0.15 has virtually no effect on performance, an increase from $0.02 to $0.05 results in higher productivity. We also found that option-based compensation results in better performance.

Technical Details

RePEc Handle
repec:eee:ecolet:v:124:y:2014:i:2:p:304-307
Journal Field
General
Author Count
2
Added to Database
2026-01-25