Performance pay and wage inequality
By: Thomas Lemieux, W. Bentley MacLeod, Daniel Parent
Contributors: MacLeod, W. Bentley; Parent, Daniel; National Bureau of Economic Research
Series: NBER working paper series -- working paper 13128; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 13128.
Publisher: National Bureau of Economic Research
Published: 2007
Place of publication: Cambridge, MA
Language: eng
Format: [electronic resource] /
Description: "We document that an increasing fraction of jobs in the U.S.  labor market explicitly pay workers for their performance using bonuses, commissions, or piece-rates.  We find that compensation in performance-pay jobs is more closely tied to both observed (by the econometrician) and unobserved productive characteristics of workers.  Moreover, the growing incidence of performance-pay can explain 24 percent of the growth in the variance of male wages between the late 1970s and the early 1990s, and accounts for nearly all of the top-end growth in wage dispersion(above the 80th percentile)"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 7/19/2007.

Includes bibliographical references.

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