Attitudes, Expectations and Sharing

Sarah Brown, John G Sessions

Research output: Contribution to journalArticle

10 Citations (Scopus)

Abstract

We explore the relationship between performance-related pay and the attitudes and expectations of a representative sample of British workers. Our results suggest that employees who participate in productivity-linked bonus schemes, discretionary bonus schemes, share ownership or profit sharing are more optimistic about future employment and pay and are generally more satisfied with their work environment. However, employees participating specifically in profit-sharing schemes are less likely to work as hard as they can, ceteris paribus. This is an intriguing finding, insinuating as it does that group-sharing schemes are unable to rout the temptation to free ride and thereby ensure a first best cooperative equilibrium.
Original languageEnglish
Pages (from-to)543-69
Number of pages27
JournalLabour
Volume17
Issue number4
Publication statusPublished - 2003

Keywords

  • Personnel Economics
  • Payment Methods (J330)
  • Compensation Packages
  • Job Satisfaction
  • Compensation and Compensation Methods and Their Effects (M520)
  • Safety
  • Related Public Policy (J280)

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  • Cite this

    Brown, S., & Sessions, J. G. (2003). Attitudes, Expectations and Sharing. Labour, 17(4), 543-69.