Who Fared Better? The Fortunes of Performance Pay and Fixed Pay Workers through Recession
利用英国年度工时与收入调查数据，研究了经济衰退期间绩效薪酬工人与固定薪酬工人在实际工资变化和工作任期上的差异，发现仅在工资分布最低的五分之一群体中绩效薪酬工人工资下降更多，且其工作任期更长。
Abstract Using the Annual Survey of Hours and Earnings, we explore whether the fortunes of employees paid for performance differ from those of fixed pay workers during recession. Only in the bottom quintile of the wage distribution were performance pay employees more likely to experience greater falls in real wages than fixed pay employees. Accounting for fixed unobserved worker characteristics suggests that this was not due to the wage‐setting mechanism itself, but that other factors are likely to be at play. While across most of the earnings distribution there was little evidence of greater wage flexibility among performance pay employees, they did have longer job tenure than fixed pay employees over the recession.