Personnel economics

Personnel economics assignment week 6' Assignment tournament model: a. What are the basic characteristics of a tournament like pay system (Lazear & Gibbs)? b. How can you win a tournament? Is that always in the interest of the organization? What can you do against it (Lazear & Gibbs)? c. What are the findings of Carpenter et al., 2010? Include in your answer the setup of the experiment. d. How can employees react to unfair treatment in a tournament according to Lindquist? What are her f...

Personnel economics assignment week 5 Assignment executive pay: a. What is the growth rate of the salaries of the CEO’s of large public corporations between 1980 and 2004 according to Pittinsky and DiPrete? What is the growth rate of the compensation of executives in the 30 year period prior to the mid-1970’s? How developed CEO salaries according to van Veen and Wittek? Has this changed in recent years? What does it do to work morale (Cornelißen, Himmler and Koenig)? b. How do Pittins...

Personnel economics assignment week 2 a. Why do you want to invest in higher education, according to Lazear & Gibbs in chapter 3? b. Why do you want to invest in higher education, according to Weiss? c. What is the principal difference between Weiss’ explanation and that of Lazear & Gibbs? d. Does this affect other personnel policies that employers use? e. What is the difference between general and firm-specific human capital? Discuss also the consequences. a. What is the opinion of Gl...

Personnel economics assignment week 7 Assignment employment relationship: a. How important is trust in the workplace according to Helliwell & Huang? Is there a gender difference? How do these findings relate to those of Cassar & Meier? b. What is the relation between union membership and work place trust according to Helliwell & Huang? How can this be explained? c. Does employee ownership protect against unemployment according to Arando et al.(2014)? d. Which type of store of the Eroski ...

Personnel economics assignment week 4 Assignment incentive pay: a. Which two main effects explain the change in productivity when firms change from an hourly wage to incentive pay (Lazear 2000)? b. How successful was the change from an hourly wage to incentive pay at Safelite Glass Corporation (Lazear, 2000)? c. How successful is the incentive pay system at the machine shop Donald Roy (1952) worked in? d. How successful is the hourly wage paid at an utility company in the eastern Uni...

Personnel economics assignment week 3 Assignment about Individual Job Design a. How can Job Design increase the meaning of work according to Cassar and Meier. Refer to Deci and Ryan. How does that relate to a modern approach of job design (Lazear and Gibbs)? b. What is the relation between a meaningful job and wages according to Cassar and Meier? c. Is it always possible or necessary to make workers as happy as possible? Think about when you should use Tayloristic techniques vs. continuou...

Summary of Personnel Economics

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This summary is written for the course Personnel Economics at the RUG. There were a lot of figures in the book. Most of them are explained in the summary. I wish you luck with this summary!