Bryan, M.L. orcid.org/0000-0002-5000-8946 and Bryson, A. (2016) Has performance pay increased wage inequality in Britain? Labour Economics, 41. pp. 149-161. ISSN 0927-5371
Abstract
Using data from the British Household Panel Survey (BHPS) we show performance pay (PP) increased earnings dispersion among men and women, and to a lesser extent among full-time working women, in the decade of economic growth which ended with the recession of 2008. PP was also associated with some compression in the lower half of the wage distribution for women. The effects were predominantly associated with a broad measure of PP that included bonuses. However, these effects were modest, typically not exceeding a 0.05 log points change in log wage differentials over the decade. Moreover there is no indication that PP became increasingly prevalent, as some had predicted, over the decade prior to recession.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2016 The Authors. Published by Elsevier B.V. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/). |
Keywords: | Wages; Wage inequality; Performance pay; Bonuses |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Economics (Sheffield) |
Funding Information: | Funder Grant number ECONOMIC & SOCIAL RESEARCH COUNCIL UNSPECIFIED |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 10 May 2016 09:16 |
Last Modified: | 03 Nov 2017 01:38 |
Published Version: | https://doi.org/j.labeco.2016.05.002 |
Status: | Published |
Publisher: | Elsevier |
Refereed: | Yes |
Identification Number: | 10.1016/j.labeco.2016.05.002 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:99401 |
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Filename: 1-s2.0-S0927537116300197-main.pdf
Licence: CC-BY 4.0