Open Access
The diffusion of pay for performance across occupations
(2012) Bayo Moriones, José Alberto; Galdón Sánchez, José Enrique; Martínez de Morentin, Sara; Economía; Ekonomia; Universidad Pública de Navarra / Nafarroako Unibertsitate Publikoa: 1435/2004
In this paper the differences in the incidence of pay for performance plans between occupations in a sample of Spanish manufacturing establishments are analysed. Our results show that there are significant differences between occupations in the incidence of individual, group and firm or plant pay for performance plans. The roles of establishment size, multinational ownership and the human resources management department in the incidence of pay for performance plans and their variability of use across occupations within the same firm are also studied. These factors are found to correlate to a greater use of pay for performance and, in most cases, this effect is homogenous across occupations.
Open Access
Performance appraisal: dimensions and determinants
(2012) Bayo Moriones, José Alberto; Galdón Sánchez, José Enrique; Martínez de Morentin, Sara; Economía; Ekonomia; Universidad Pública de Navarra / Nafarroako Unibertsitate Publikoa: 1435/2004
The determinants of the dimensions that shape a formal system of performance appraisal are studied in relation to a sample of Spanish manufacturing establishments. In particular, the factors that influence the measures used to evaluate performance, the person who carries out such appraisal and its frequency are analysed. Our results show that the characteristics of the establishment exert a significant influence on the configuration of performance appraisal. Specifically, we find that the use of practices complementary to performance evaluation and the structural factors of the establishment are found to correlate closely with the dimensions of formal performance appraisal.
Embargo
Economía y género
(Aranzadi, 2020) Echavarri, Rebeca; Martínez de Morentin, Sara; Economía; Ekonomia; Institute for Advanced Research in Business and Economics - INARBE
La igualdad de oportunidades entre hombres y mujeres es un reto que las empresas afrontan hoy en día formulando planes de igualdad. En este capítulo exploramos razones para alcanzar dicha igualdad desde una perspectiva normativa, es decir la igualdad de género es un valor en sí mismo que las sociedades modernas y sus empresas deberían alcanzar. También examinamos las razones por las que es importante desarrollar planes de igualdad desde una perspectiva instrumental, es decir, discutiremos cómo la igualdad de oportunidades puede mejorar el rendimiento del personal y reducir costes para la empresa.
Open Access
The process of wage adjustment: an analysis using establishment-level data
(2013) Bayo Moriones, José Alberto; Galdón Sánchez, José Enrique; Martínez de Morentin, Sara; Economía; Ekonomia
In this article, we use data from Spanish manufacturing plants to analyze the determinants of the importance attributed to several criteria when wages are adjusted. More specifically, the criteria we take into account in the study are the cost of living, the wages of the firm in relation to its competitors, the fulfillment of collective agreements at sector level, the need to recruit and retain employees, the performance of the organization, and the industrial relations climate. Our results show that the structural characteristics of the establishment, as well as the wage setting arrangements and trade unions, play a role in explaining the importance of the factors mentioned in shaping wage adjustments. The human resource management policies adopted by the employer seem to be less relevant.
Open Access
The determinants of pay settlements. The influence of the national context
(Taylor & Francis, 2013) Bayo Moriones, José Alberto; Galdón Sánchez, José Enrique; Martínez de Morentin, Sara; Gestión de Empresas; Enpresen Kudeaketa; Economía; Ekonomia
This article studies the influence of national context and collective bargaining on the factors taken into account when adjusting wages. Using data from Spanish and British manufacturing establishments, we examine the relative importance of the cost of living, the ability to recruit or retain employees, the financial performance of the organisation and the industrial relations climate on wage adjustments of manual workers at the establishment level. Our findings show that there are significant differences on the importance given to these factors in both countries. In part, these are related to differences in the incidence of collective bargaining.
Open Access
Measuring job risks when hedonic wage models do not do the job
(Elsevier, 2025-01-10) Ferreira, Susana; Martínez de Morentin, Sara; Erro Garcés, Amaya; Gestión de Empresas; Enpresen Kudeaketa; Institute for Advanced Research in Business and Economics - INARBE; Economía; Ekonomia
The theory of compensating differentials predicts that wages should compensate for differences in job characteristics, including the risk of death on the job. Empirically estimating these compensating differentials in real-world labor markets has, however, proven difficult. This paper explores the potential of job satisfaction regressions as an additional valuation approach to estimate the tradeoffs between wages and job amenities along the wage-amenity frontier. In this approach, job satisfaction scores act as a proxy for utility at work, and can be used to directly estimate the tradeoffs between wages and amenities at the job taken by the worker. Conventional hedonic wage regressions with data on thirty-five thousand workers across thirty European countries show limited evidence that European workers facing larger job risks and other workplace disamenities receive higher wages. On the other hand, using the same data, workers who perceive their jobs to be riskier, are absent more days from work due to work accidents, or are exposed to worse conditions at their workplace are less satisfied with their jobs, ceteris paribus, revealing a negative valuation of those job disamenities.
Open Access
Profit sharing, interconnected autonomous teams, and employee productivity
(2021) Barrenechea-Méndez, Marco A.; Martínez de Morentin, Sara; Economía; Ekonomia
Interconnected autonomous teams (IAT) reflect a human resources policy of organizing employees into a network of autonomous teams and allowing individuals to work on more than one of those teams. This paper studies how such a policy influences the productivity effects of profit sharing (PS). We first argue that the presence of IAT could mitigate the 'free rider' problem in each team of the network. Next, using the European Working Conditions Survey, we document a positive relationship between employee productivity and the interaction between PS and IAT. We interpret this result as a confirmation that IAT might indeed alleviate the 'free rider' problem associated with profit sharing schemes.
Open Access
The diffusion of pay for performance across occupations
(SAGE, 2013) Bayo Moriones, José Alberto; Galdón Sánchez, José Enrique; Martínez de Morentin, Sara; Gestión de Empresas; Economía; Enpresen Kudeaketa; Ekonomia; Universidad Pública de Navarra / Nafarroako Unibertsitate Publikoa: 1435/2004
In this paper the differences in the incidence of pay for performance plans between occupations in a sample of Spanish manufacturing establishments are analysed. Our results show that there are significant differences between occupations in the incidence of individual, group and firm or plant pay for performance plans. The roles of establishment size, multinational ownership and the human resource department in the incidence of pay for performance plans and their variability of use across occupations within the same firm are also studied. These factors are found to correlate to a greater use of pay for performance and, in most cases, this effect is homogenous across occupations.