Construct · 1 fields · 1 citations

piece-rate pay: a standalone construct

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Labor economics

paying workers per unit of output, shown to raise productivity through both incentive and worker-sorting effects.

In labor economics, piece-rate pay refers to paying workers per unit of output, shown to raise productivity through both incentive and worker-sorting effects. This meaning comes from Lazear (2000) in American Economic Review.[1]

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Nearby constructs

incentive4 fields · 5 citationsjingle · one word, four constructs labor4 fields · 4 citationsjingle · one word, four constructs productivity3 fields · 3 citationsjingle · one word, three constructs

References

Lazear, E. P. (2000). Performance Pay and Productivity. American Economic Review, 90(5), 1346-1361. https://doi.org/10.1257/aer.90.5.1346

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