Federal Reserve Bank of St. Louis
Economic models of employee motivation
Workers, being human beings, present employers with a range of tricky problems. Humans, unlike filing cabinets, can be crooked, subversive, surly, or indolent, even if they are paid on time. In this article we explore economists' main models of how compensation is used to address employee motivation and how these models help to explain puzzling features of the labor market.
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Joseph A. Ritter & Lowell J. Taylor, Economic models of employee motivation, Federal Reserve Bank of St. Louis, Working Papers 1997-006, 1997.
Keywords: Wages ; Management ; Labor market
This item with handle RePEc:fip:fedlwp:1997-006
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