Arbeitspapier

Managing wages: Fairness norms of low- and high-performing team members

Services are often provided by groups. The question of remuneration arises both at the group level and for each individual group member. We examine the question of how relative pay should be designed within the group if all group members are to regard the payment scheme as fair. We use a three-step laboratory experiment to compare which fairness norms are chosen by high-performing and low-performing group members. It turns out that both types of group members prefer the performance pay principle. Support for equal pay is negligible. However, the low performers use their bargaining power to improve their position, but without deviating from the performance principle substantially. A random influence on the performance of the players does not change the results.

Sprache
Englisch

Erschienen in
Series: arqus Discussion Paper ; No. 238

Klassifikation
Wirtschaft
Design of Experiments: Laboratory, Individual
Design of Experiments: Laboratory, Group Behavior
Personal Income, Wealth, and Their Distributions
Micro-Based Behavioral Economics: General‡
Wage Level and Structure; Wage Differentials
Personnel Economics: Compensation and Compensation Methods and Their Effects
Thema
performance principle
fairness norms
relative remuneration

Ereignis
Geistige Schöpfung
(wer)
Fochmann, Martin
Sachs, Florian
Weimann, Joachim
Ereignis
Veröffentlichung
(wer)
Arbeitskreis Quantitative Steuerlehre (arqus)
(wo)
Berlin
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Fochmann, Martin
  • Sachs, Florian
  • Weimann, Joachim
  • Arbeitskreis Quantitative Steuerlehre (arqus)

Entstanden

  • 2019

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