Cookies?
Library Header Image
LSE Research Online LSE Library Services

Managing careers in organizations

Ke, Rongzhu, Li, Jin and Powell, Michael (2018) Managing careers in organizations. Journal of Labor Economics, 36 (1). 197 - 252. ISSN 0734-306X

Full text not available from this repository.
Identification Number: 10.1086/693871

Abstract

Firms’ organizational structures impose constraints on their ability to use promotion-based incentives. We develop a framework for identifying these constraints and exploring their consequences. We show that firms manage workers’ careers by choosing personnel policies that resemble an internal labor market. Firms may adopt forced-turnover policies to keep lines of advancement open, and they may alter their organizational structures to relax these constraints. This gives rise to a trade-off between incentive provision at the worker level and productive efficiency at the firm level. Our framework generates novel testable implications that connect firm-level characteristics with workers’ careers.

Item Type: Article
Official URL: http://www.journals.uchicago.edu/toc/jole/current
Additional Information: © 2017 University of Chicago Press
Divisions: Management
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Date Deposited: 10 Oct 2017 16:32
Last Modified: 26 Mar 2024 21:09
URI: http://eprints.lse.ac.uk/id/eprint/84564

Actions (login required)

View Item View Item