Pay for Performance with Motivated Employees

Paying For Performance: Incentive Pay Schemes and Employees' Financial Participation

We present new comparable data on the incidence of performance pay schemes in Europe and the USA. We find that the percentage of employees exposed to incentive pay schemes ranges from around 10-15 percent in some European countries to over 40 percent in Scandinavian countries and the US. Individual pay and profit/gain sharing schemes are widely diffused, whereas share ownership schemes are much...

Pay for performance.

Pay-for-Performance Initiatives

BACKGROUND: Improving the quality of care provided to beneficiaries while reining in costs, is a key goal for Medicare programs. The emerging payfor-performance (P4P) movement is a reimbursement strategy that provides incentives to improve the overall quality care provided to patients, which can lead to improved clinical outcomes and reduced health care utilization and costs. OBJECTIVE: To revi...

Pay Raises ASKED FOR ALL U. S. EMPLOYEES

Pay For Performance and Beyond

In this lecture, I will talk about my work on incentive contracts, especially incentives related to moral hazard. I will provide a narrative of my intellectual journey from models narrowly focused on pay for performance to models that see the scope of the incentive problem in much broader terms featuring multitasking employees and rms making extensive use of non nancial instruments in designing...