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We assemble two reference point based concepts of utility in our empirical study: the own previous status quo and social comparisons. We explore the relative relevance of these concepts for total compensation as well as for different parts of the compensation package of managers. Making use of a unique panel data set of managers of the German chemical sector, we find that social comparisons of compensation ...
Bonn:
Institute for the Study of Labor (IZA),
2013,
(IZA DP No. 7097)
| Christian Grund, Johannes Martin
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Using representative German employee data, we analyze the role of works councils for the incidence of severance payments subsequent to dismissals. While there is a positive relation with severance payments after those dismissals which stem from plant closings, the incidence of a works council is negatively associated with severance pay subsequent to individual layoffs. In both cases, we find a negative ...
In:
International Journal of Human Resource Management
32 (2021), 4, 871-892
| Christian Grund, Johannes Martin
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Auf Basis von Daten des Deutschen Sozio-Ökonomischen Panels der Jahre 2001 bis 2012 untersuchen wir Determinanten einer Zeitarbeitsbeschäftigung sowie möglicher Erklärungsansätze für Unterschiede in der Arbeits- und Lebenszufriedenheit zwischen Arbeitnehmern in Zeitarbeit im Vergleich zu Normalbeschäftigten und zu arbeitslosen Personen. Unsere Ergebnisse zeigen, dass frühere Zeiten von Arbeitslosigkeit ...
In:
Schmalenbachs Zeitschrift für betriebswissenschaftliche Forschung (zfbf)
67 (2015), 2, 138-169
| Christian Grund, Johannes Martin, Axel Minten
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We investigate the effects of works councils on employees’ wages and job satisfaction in general and for subgroups with respect to sex and occupational status. Making use of a German representative sample of employees, we find that employees, who move to a firm with a works council, report increases in job satisfaction, but do not receive particular wage increases. Especially the job satisfaction of ...
In:
Applied Economics
45 (2013), 3, 299-310
| Christian Grund, Andreas Schmitt
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Bonn:
Institute for the Study of Labor (IZA),
2001,
(IZA DP No. 387)
| Christian Grund, Dirk Sliwka
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Bonn:
Institute for the Study of Labor (IZA),
2005,
(IZA DP No. 1879)
| Christian Grund, Dirk Sliwka
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Bonn:
Institute for the Study of Labor (IZA),
2007,
(IZA DP No. 3017)
| Christian Grund, Dirk Sliwka
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We investigate the use of performance appraisal (PA) in German firms. First, we derive hypotheses on individual and job-based determinants of PA usage. Based on a representative German data set on individual employees, we test these hypotheses and also explore the impact of PA on performance pay and further career prospects. The results include that PA is positively linked to an individual's willingness ...
In:
International Journal of Human Resource Management
20 (2009), 10, 2049-2065
| Christian Grund, Dirk Sliwka
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Making use of a unique representative data set, we find clear evidence that risk aversion has a highly significant and substantial negative impact on the probability that an employee's pay is performance contingent, which confirms the well known risk-incentive trade-off.
In:
Economics Letters
106 (2010), 1, 8-11
| Christian Grund, Dirk Sliwka
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Drawing on two large German representative data sets, we analyze the role of works councils for the use of performance appraisals (PA). We distinguish between the incidence of performance appraisal systems as intended by the firm and their actual implementation on the level of the individual employee. We find that works councils tend to promote rather than restrict PA. Employees working in establishments ...
Bonn:
IZA Institute of Labor Economics,
2019,
(IZA DP No. 12670)
| Christian Grund, Dirk Sliwka, Krystina Titz