Lecture Personnel economics in practice - Chapter 11: Career-based incentives
Lecture Personnel economics in practice - Chapter 11: Career-based incentives
After completing this chapter, you will be able to address the following questions: What are career-based incentives? How/When can a firm use promotions for maximum incentive benefit? When should a firm be concerned about professional sabotage? When and how can seniority-based incentives work? How to motivate tournament participants when ability varies or certain parties are not in contention?