2023-09-28 14:46:10 +00:00
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abstract: 'We investigate the role of individual incentive (II) and group incentive
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(GI) pay as determinants of worker separation using a large panel data
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set from Finland during 1997-2006. For white-collar workers, GI pay is
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associated significantly with an increased probability of separation
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(diminished employment stability), but in large firms only. For
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blue-collar workers, II pay is associated with a decreased probability
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of separation (enhanced employment stability), in both small and large
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firms. By providing results for different forms of performance pay in a
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single study, some of our findings are novel. In accounting for
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differences in our empirical findings compared to those in earlier
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studies, our results suggest that outcomes depend on the differing
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institutional contexts found in coordinated market economies (such as
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Finland) and liberal market economies.'
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affiliation: 'Makinen, M (Corresponding Author), Bank Finland, POB 160, Helsinki 00101,
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Finland.
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Jones, Derek C., Hamilton Coll, Dept Econ, Clinton, NY 13323 USA.
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Kalmi, Panu, Univ Vaasa, Dept Econ, Vaasa, Finland.
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Kato, Takao, Colgate Univ, Dept Econ, Hamilton, NY 13346 USA.
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Makinen, Mikko, Bank Finland, POB 160, Helsinki 00101, Finland.'
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author: Jones, Derek C. and Kalmi, Panu and Kato, Takao and Makinen, Mikko
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author-email: mikko.makinen@bof.fi
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author_list:
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- family: Jones
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given: Derek C.
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- family: Kalmi
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given: Panu
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- family: Kato
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given: Takao
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- family: Makinen
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given: Mikko
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da: '2023-09-28'
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doi: 10.1080/09585192.2019.1691624
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earlyaccessdate: NOV 2019
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eissn: 1466-4399
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files: []
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issn: 0958-5192
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journal: INTERNATIONAL JOURNAL OF HUMAN RESOURCE MANAGEMENT
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keywords: 'Job mobility; performance related pay; profit sharing; wage inequality;
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worker separation'
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keywords-plus: 'PERFORMANCE PAY; FINANCIAL PARTICIPATION; EARNINGS LOSSES; EMPLOYMENT
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STABILITY; GENDER-DIFFERENCES; DISPLACED WORKERS; LABOR TURNOVER; JOB
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MOBILITY; IMPACT; COMPENSATION'
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language: English
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month: DEC 6
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number: '22'
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number-of-cited-references: '61'
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orcid-numbers: Kato, Takao/0000-0002-8562-241X
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pages: 4792-4819
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papis_id: 474ba1ac7c9b4d511bb1c6e85c1f84ed
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ref: Jones2021differingeffects
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researcherid-numbers: Kato, Takao/H-4906-2013
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times-cited: '1'
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title: 'The differing effects of individual and group incentive pay on worker separation:
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evidence using Finnish panel data'
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000498080300001
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usage-count-last-180-days: '0'
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usage-count-since-2013: '17'
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volume: '32'
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web-of-science-categories: Management
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year: '2021'
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