Share capitalism and worker wellbeing.
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ABSTRACT:
SUBMITTER: Bryson A
PROVIDER: S-EPMC5512719 | biostudies-literature | 2016 Oct
REPOSITORIES: biostudies-literature
Publications
Share capitalism and worker wellbeing.
Bryson Alex A Clark Andrew E AE Freeman Richard B RB Green Colin P CP
Labour economics 20160914
We show that worker wellbeing is determined not only by the amount of compensation workers receive but also by how compensation is determined. While previous theoretical and empirical work has often been preoccupied with individual performance-related pay, we find that the receipt of a range of group-performance schemes (profit shares, group bonuses and share ownership) is associated with higher job satisfaction. This holds conditional on wage levels, so that pay methods are associated with grea ...[more]
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