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Institutions and the management of human resources: incentive pay systems in France and Great Britain

Marsden, David and Belfield, Richard (2009) Institutions and the management of human resources: incentive pay systems in France and Great Britain. CEP Discussion Papers, 941. Centre for Analysis of Social Exclusion, London School of Economics and Political Science, London, UK.

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Abstract

Using data from large-scale establishment surveys in Britain and France, we show that incentive pay for non-managers is more widespread in France than in Britain. We explain this finding in terms of the ‘beneficial constraint’ arising from stronger employment protection in France, which provides an impulse to develop incentive pay; employer networking activities in France, which facilitate joint learning about its development and operation; and government fiscal incentives for profit-sharing, which reduces the cost of its operation.

Item Type: Monograph (Discussion Paper)
Official URL: http://sticerd.lse.ac.uk/case/_new/publications/de...
Additional Information: © 2009 the authors
Library of Congress subject classification: H Social Sciences > HD Industries. Land use. Labor
Journal of Economic Literature Classification System: M - Business Administration and Business Economics; Marketing; Accounting > M5 - Personnel Economics > M52 - Compensation and Compensation Methods and Their Effects (stock options, fringe benefits, incentives, family support programs, seniority issues)
M - Business Administration and Business Economics; Marketing; Accounting > M5 - Personnel Economics
J - Labor and Demographic Economics > J3 - Wages, Compensation, and Labor Costs
J - Labor and Demographic Economics > J5 - Labor-Management Relations, Trade Unions, and Collective Bargaining
Sets: Collections > Economists Online
Departments > Economics
Research centres and groups > Centre for Analysis of Social Exclusion (CASE)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Identification Number: 941
Date Deposited: 08 Oct 2009 16:07
URL: http://eprints.lse.ac.uk/25423/

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