Major areas considered under the rubric of health and productivity management (HPM) in American business include absenteeism, employee turnover, and the use of medical, disability, and workers' compensation programs. Until recently, few normative data existed for most HPM areas. To meet the need for normative information in HPM, a series of Consortium Benchmarking Studies were conducted. In the...

Using data from 200 employees of FMCG companies in Multan, this study aims to analyze the effect Employee Empowerment and Compensation on Job Performance while moderating role Accountability. The partial least square method is used estimate results. results PLS-SEM reveal that Empowerment, Compensation, Accountability are all positively significantly related Performance. was found partially mod...

A self-serving bias occurs when people subconsciously alter their perceptions about what is fair or right in a manner that serves their own interests. Perceptions of what is “a fair day’s work for a fair wage” may well vary according to one’s role in the employment relationship. While it is clear that employee satisfaction affects job performance, and that wage affects employee satisfaction, it...

In 1981, employees in medium and large size establishments received, on average, about 10 paid holidays each year and nearly 16 days of paid vacation annually after 10 years of service. For 3 of 5 participants in a life insurance plan, coverage was based on earnings, with the prevalence of earnings-related plans much higher among white-collar employees. Seventy-one percent of the workers covere...

Nonprofit Sector and Part-Time Work: An Analysis of Employer-Employee Matched Data of Child Care Workers This paper uses a rich employer-employee matched data set to investigate the existence and the extent of nonprofit and part-time wage and compensation differentials in child care. The empirical strategy adjusts for workers’ self-selection into the for-profit or nonprofit sectors, into full-t...

This paper examines the incentives from stock options for loss-averse employees subject to probability weighting. Employing the certainty equivalence principle, I built on insights from Cumulative Prospect Theory (CPT) to derive a continuous time model to value options from the perspective of a representative employee. Consistent with a growing body of empirical and experimental studies, the mo...

The measurement of inter-industry pay differentials and the resulting use of this information to assess the empirical relevance of different labor market theories have been hampered by the fact that measures of total compensation – as opposed to just wages and salaries – are not available in the datasets traditionally used. We improve upon past measures of inter-industry pay differentials by be...

Although employee compensation reform in Chinese industrial sector has been discussed in the literature, the real changes in compensation system and pay practices have received insufficient attention and warrant further examination. This paper briefly reviews the preand post-reform compensation system, and reports the results of a survey of pay practices in the four major types of industrial en...

Nonprofit Sector and Part-Time Work: An Analysis of Employer-Employee Matched Data of Child Care Workers This paper uses a rich employer-employee matched data set to investigate the existence and the extent of nonprofit and part-time wage and compensation differentials in child care. The empirical strategy adjusts for workers’ self-selection into the for-profit or nonprofit sectors, into full-t...