abstract: 'We investigate the role of individual incentive (II) and group incentive

  (GI) pay as determinants of worker separation using a large panel data

  set from Finland during 1997-2006. For white-collar workers, GI pay is

  associated significantly with an increased probability of separation

  (diminished employment stability), but in large firms only. For

  blue-collar workers, II pay is associated with a decreased probability

  of separation (enhanced employment stability), in both small and large

  firms. By providing results for different forms of performance pay in a

  single study, some of our findings are novel. In accounting for

  differences in our empirical findings compared to those in earlier

  studies, our results suggest that outcomes depend on the differing

  institutional contexts found in coordinated market economies (such as

  Finland) and liberal market economies.'
affiliation: 'Makinen, M (Corresponding Author), Bank Finland, POB 160, Helsinki 00101,
  Finland.

  Jones, Derek C., Hamilton Coll, Dept Econ, Clinton, NY 13323 USA.

  Kalmi, Panu, Univ Vaasa, Dept Econ, Vaasa, Finland.

  Kato, Takao, Colgate Univ, Dept Econ, Hamilton, NY 13346 USA.

  Makinen, Mikko, Bank Finland, POB 160, Helsinki 00101, Finland.'
author: Jones, Derek C. and Kalmi, Panu and Kato, Takao and Makinen, Mikko
author-email: mikko.makinen@bof.fi
author_list:
- family: Jones
  given: Derek C.
- family: Kalmi
  given: Panu
- family: Kato
  given: Takao
- family: Makinen
  given: Mikko
da: '2023-09-28'
doi: 10.1080/09585192.2019.1691624
earlyaccessdate: NOV 2019
eissn: 1466-4399
files: []
issn: 0958-5192
journal: INTERNATIONAL JOURNAL OF HUMAN RESOURCE MANAGEMENT
keywords: 'Job mobility; performance related pay; profit sharing; wage inequality;

  worker separation'
keywords-plus: 'PERFORMANCE PAY; FINANCIAL PARTICIPATION; EARNINGS LOSSES; EMPLOYMENT

  STABILITY; GENDER-DIFFERENCES; DISPLACED WORKERS; LABOR TURNOVER; JOB

  MOBILITY; IMPACT; COMPENSATION'
language: English
month: DEC 6
number: '22'
number-of-cited-references: '61'
orcid-numbers: Kato, Takao/0000-0002-8562-241X
pages: 4792-4819
papis_id: 474ba1ac7c9b4d511bb1c6e85c1f84ed
ref: Jones2021differingeffects
researcherid-numbers: Kato, Takao/H-4906-2013
times-cited: '1'
title: 'The differing effects of individual and group incentive pay on worker separation:
  evidence using Finnish panel data'
type: Article
unique-id: WOS:000498080300001
usage-count-last-180-days: '0'
usage-count-since-2013: '17'
volume: '32'
web-of-science-categories: Management
year: '2021'