Bryan, M;
Bryson, A;
(2016)
Has performance pay increased wage inequality in Britain?
Labour Economics
, 41
pp. 149-161.
10.1016/j.labeco.2016.05.002.
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Abstract
Using data from the British Household Panel Survey (BHPS) we show performance pay (PP) increased earnings dispersion among men and women, and to a lesser extent among full-time working women, in the decade of economic growth which ended with the recession of 2008. PP was also associated with some compression in the lower half of the wage distribution for women. The effects were predominantly associated with a broad measure of PP that included bonuses. However, these effects were modest, typically not exceeding a 0.05 log points change in log wage differentials over the decade. Moreover there is no indication that PP became increasingly prevalent, as some had predicted, over the decade prior to recession.
| Type: | Article |
|---|---|
| Title: | Has performance pay increased wage inequality in Britain? |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.1016/j.labeco.2016.05.002 |
| Publisher version: | http://dx.doi.org/10.1016/j.labeco.2016.05.002 |
| Language: | English |
| Additional information: | Copyright © 2016 The Authors. Published by Elsevier B.V. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/). |
| Keywords: | Wages; Wage inequality; Performance pay; Bonuses |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > School of Education UCL > Provost and Vice Provost Offices > School of Education > UCL Institute of Education UCL > Provost and Vice Provost Offices > School of Education > UCL Institute of Education > IOE - Social Research Institute |
| URI: | https://discovery.ucl.ac.uk/id/eprint/1483047 |
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