Status and incentives
提出地位是工作中对认可的主张,是一种稀缺资源;高地位者更愿为金钱付出努力,高薪者愿为地位提升付出更多努力,结果解释了管理实践中的平等主义、延迟补偿和基于绩效的晋升。
This article introduces status as reflecting an agent's claim to recognition in her work. This is a scarce resource: increasing an agent's status requires that another agent's status be decreased. Higher‐status agents are more willing to exert effort in exchange for money; better‐paid agents would exert higher effort in exchange for improved status. The results are consistent with actual management practices: (i) egalitarianism is desirable in a static context; (ii) in a long‐term work relationship, juniors' compensation is delayed; and (iii) past performance is rewarded by pay increases along with improved status within the organization's hierarchy.