Transcription of Performance measures and worker productivity
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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.
IZA World of Labor | May 2016 | wol.iza.org 3 Jan Sauermann | Performance measures and worker productivity There is a key set of properties that should be met when assessing measures of worker produc - tivity: (1) Objectivity: measures should be objective, as opposed to subjective, with respect to supervisor or peer ratings.
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