Transcription of Performance measures and worker productivity
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Performance measures and worker productivity
Jan SauermannStockholm University, Sweden, IZA, Germany, and Research Centre for Education and the Labour Market (ROA), the NetherlandsPerformance measures and worker productivity . IZA World of Labor 2016: 260doi: | Jan Sauermann | May 2016 | Pros Performance measures provide detailed information about worker productivity . To inform about a wide range of questions, such as how incentives work, how peer effects operate, or how workers accumulate human capital, Performance measures can be useful. Reliable Performance measures are needed to design appropriate contracts and improve produc tivit y. Performance measures are increasingly available for low- and high-skilled jobs, as well as for jobs in the private and public PITCHM easuring workers productivity is important for public policy and private-sector decision-making.
skilled labor. However, even at this disaggregated level, measures of labor productivity can mask considerable variation with respect to workers’ underlying productivity, either between workers, or over time. At the individual (worker) level, studies frequently use input measures, such as workers’ wages, as a measure of productivity.
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