Paying for Productivity Book Reviews
Paying for Productivity by Alan S. Blinder Book Summary
Will higher pay provide an incentive for better work? Can productivity be increased by changing the way workers are compensated? In response to the urgent need to improve productivity performance in American industry, leading economists examine alternative compensation schemes to assess their efficiency in raising productivity.
Over the years a number of suggestions have been made for improving labor productivity by changing the manner in which laborers are compensated for their efforts. The ideas presented and analyzed in this volume have all been put into practice, in modified form or on a small scale, in the United States or elsewhere. Some are new; others quite old.
David I. Levine and Laura D'Andrea Tyson consider the effects of employee participation in decisionmaking on firm performance, and Martin L. Weitzman and Douglas L. Kruse discuss the implications of profit sharing and related forms of pay for group performance. Michael A. Conte and Jan Svejnar analyze employee stock ownership plans in the United States and other forms of worker ownership in Europe; Masanore Hashimoto uses a transaction-cost perspective to assess Japanese employment and wage systems. Daniel J. B. Mitchell, David Lewin, and Edward E. Lawler III give an overall analysis of traditional and alternative pay systems, their history, development, and curent use, and recommend further experimentation with alternative compensation plans to ensure more adaptability on the part of U.S. firms. Blinder provides an overview of the findings and conclusions.
Book Name | Paying for Productivity |
Genre | Business & Personal Finance |
Author | Alan S. Blinder |
Published | 01 December 1989, Friday |
Language | English |
E-Book Size | 1.95 MB |
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Summary of Paying for Productivity by Alan S. Blinder
The Paying for Productivity book written by Alan S. Blinder was published on 01 December 1989, Friday in the Business & Personal Finance category. A total of 124 readers of the book gave the book 0 points out of 5.
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