Seniority-based pay : is it used as a motivation device?
Bayo Moriones, José Alberto
Universitat Autònoma de Barcelona. Departament d'Empresa

Imprint: Universitat Autònoma de Barcelona. Departament d'Economia de l'Empresa 2001
Abstract: The purpose of this article is to explain what factors determine the use of seniority-based pay for production workers in Spanish manufacturing industry. The data used in order to achieve these objectives was taken from 774 Spanish industrial plants. The estimation of several ordered probit models enabled us to see that in firms where it was more costly for management to engage in opportunistic behaviour, deferred payment shows a negative relation to the use of devices, like monitoring or incentive payment, designed to align workers' objectives with those of the company.
Rights: Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, i la comunicació pública de l'obra, sempre que no sigui amb finalitats comercials, i sempre que es reconegui l'autoria de l'obra original. No es permet la creació d'obres derivades. Creative Commons
Language: Anglès
Series: Departament d'Economia de l'Empresa. Documents de treball
Series: Document de treball (Universitat Autònoma de Barcelona. Departament d'Economia de l'Empresa) ; 01/3
Document: Working paper
Subject: Manufactures ; Espanya ; Indústria ; Salaris



29 p, 83.5 KB

The record appears in these collections:
Research literature > Working papers > Department of Business. Working papers

 Record created 2009-07-15, last modified 2024-05-26



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