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Does performance pay increase job satisfaction?

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Does performance pay increase job satisfaction? / Green, Colin; Heywood, John S.
In: Economica, Vol. 75, No. 300, 11.2008, p. 710-728.

Research output: Contribution to Journal/MagazineJournal articlepeer-review

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Green C, Heywood JS. Does performance pay increase job satisfaction? Economica. 2008 Nov;75(300):710-728. doi: 10.1111/j.1468-0335.2007.00649.x

Author

Green, Colin ; Heywood, John S. / Does performance pay increase job satisfaction?. In: Economica. 2008 ; Vol. 75, No. 300. pp. 710-728.

Bibtex

@article{2f4e0fdca2d1466ea50dab6cdf46a4e6,
title = "Does performance pay increase job satisfaction?",
abstract = "This paper investigates the influence of performance-related pay on several dimensions of job satisfaction. In cross-sectional estimates performance-related pay is associated with increased overall satisfaction, satisfaction with pay, satisfaction with job security and satisfaction with hours. It appears to be negatively associated with satisfaction with the work itself; yet, after accounting for worker fixed effects the positive associations remain and the negative association vanishes. These results appear robust to a variety of alternative specifications and support the notion that performance-related pay allows increased opportunities for worker optimization and does not generally demotivate workers or crowd out intrinsic motivation.",
author = "Colin Green and Heywood, {John S.}",
year = "2008",
month = nov,
doi = "10.1111/j.1468-0335.2007.00649.x",
language = "English",
volume = "75",
pages = "710--728",
journal = "Economica",
issn = "0013-0427",
publisher = "Wiley-Blackwell",
number = "300",

}

RIS

TY - JOUR

T1 - Does performance pay increase job satisfaction?

AU - Green, Colin

AU - Heywood, John S.

PY - 2008/11

Y1 - 2008/11

N2 - This paper investigates the influence of performance-related pay on several dimensions of job satisfaction. In cross-sectional estimates performance-related pay is associated with increased overall satisfaction, satisfaction with pay, satisfaction with job security and satisfaction with hours. It appears to be negatively associated with satisfaction with the work itself; yet, after accounting for worker fixed effects the positive associations remain and the negative association vanishes. These results appear robust to a variety of alternative specifications and support the notion that performance-related pay allows increased opportunities for worker optimization and does not generally demotivate workers or crowd out intrinsic motivation.

AB - This paper investigates the influence of performance-related pay on several dimensions of job satisfaction. In cross-sectional estimates performance-related pay is associated with increased overall satisfaction, satisfaction with pay, satisfaction with job security and satisfaction with hours. It appears to be negatively associated with satisfaction with the work itself; yet, after accounting for worker fixed effects the positive associations remain and the negative association vanishes. These results appear robust to a variety of alternative specifications and support the notion that performance-related pay allows increased opportunities for worker optimization and does not generally demotivate workers or crowd out intrinsic motivation.

U2 - 10.1111/j.1468-0335.2007.00649.x

DO - 10.1111/j.1468-0335.2007.00649.x

M3 - Journal article

VL - 75

SP - 710

EP - 728

JO - Economica

JF - Economica

SN - 0013-0427

IS - 300

ER -