Arbeitspapier

Employment Contracts and Stress: Experimental Evidence

A growing literature has found a link between performance-related pay (PRP) and poor health, but the causal direction of the relationship is not known. To address this gap, the current paper utilises a crossover experimental design to randomly allocate subjects into a work task paid either by performance or a fixed payment. Stress is measured through self-reporting and salivary cortisol. The study finds that PRP subjects had significantly higher cortisol levels and self-rated stress than those receiving fixed pay, ceteris paribus. By circumventing issues of self-report and self-selection, these results provide novel evidence for the detrimental effect PRP may have on health.

Sprache
Englisch

Erschienen in
Series: GLO Discussion Paper ; No. 838

Klassifikation
Wirtschaft
Compensation Packages; Payment Methods
Design of Experiments: Laboratory, Individual
Thema
performance-related pay
stress
experiment
cortisol

Ereignis
Geistige Schöpfung
(wer)
Allan, Julia L.
Andelic, Nicole
Bender, Keith A.
Powell, Daniel
Stoffel, Sandro
Theodossiou, Ioannis
Ereignis
Veröffentlichung
(wer)
Global Labor Organization (GLO)
(wo)
Essen
(wann)
2021

Handle
Letzte Aktualisierung
10.03.2025, 11:43 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

  • Allan, Julia L.
  • Andelic, Nicole
  • Bender, Keith A.
  • Powell, Daniel
  • Stoffel, Sandro
  • Theodossiou, Ioannis
  • Global Labor Organization (GLO)

Entstanden

  • 2021

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