eprintid: 2573 rev_number: 15 eprint_status: archive userid: 150 dir: disk0/00/00/25/73 datestamp: 2007-02-12 12:00:00 lastmod: 2015-07-23 09:33:24 status_changed: 2008-01-09 13:39:47 type: working_paper metadata_visibility: show item_issues_count: 0 creators_name: Albano, G.L. creators_name: Leaver, C. creators_id: GLALB95 creators_id: title: Transparency, recruitment and retention in the public sector ispublished: pub subjects: 12050 subjects: 12000 divisions: F24 keywords: JEL classification: D82, D73, H1, J31, J44, J45. Recruitment and retention, wage compression, optimal disclosure policies note: Please also see http://eprints.ucl.ac.uk/14567 for a related item abstract: This paper evaluates the impact of releasing performance measures on public sector recruitment and retention. We analyse the role played by the informativeness of disclosure by comparing a policy of transparency with confidentiality, and the role played by the timing of disclosure via a comparison with delayed (e.g. end of project) reporting. We show that relative wage compression in the public sector produces a recruitment-retention trade-off. Transparency minimises the cost of recruitment, delayed reporting minimises the cost of short-term retention, while confidentiality minimises the cost of long-term retention. The optimal disclosure policy varies with the type of public organisation - that is, with the relative value of public sector projects and the complexity of production - warning against the current ’one size fits all’ policy date: 2004-04 date_type: published publisher: Department of Economics, University College London official_url: http://www.ucl.ac.uk/silva/economics/research/papers/working-papers-2004 vfaculties: VSHS oa_status: green language: eng primo: open primo_central: open_green lyricists_name: Albano, G lyricists_id: GLALB95 full_text_status: public series: Discussion Papers in Economics number: 04-05 place_of_pub: London, UK issn: 1350-6722 citation: Albano, G.L.; Leaver, C.; (2004) Transparency, recruitment and retention in the public sector. (Discussion Papers in Economics 04-05). Department of Economics, University College London: London, UK. Green open access document_url: https://discovery.ucl.ac.uk/id/eprint/2573/1/2573.pdf