Journal Article
The unintended consequences of the rat race: the detrimental effects of performance pay on health
Authors
Publication date
2014
Summary
Although performance pay schemes have been linked to labour market productivity, one unintended consequence, suggested early by Adam Smith, is that performance pay is detrimental to health. Recent research has shown that there is a positive relationship between performance pay and injuries on the job. This article focusses on the consequences of performance pay on health and investigates if there is a link between performance pay and self-reported general health or specific illnesses. Using data from the British Household Panel Survey, this study uses survival analysis to show that being in jobs with a performance pay element increases the likelihood of health deterioration, ceteris paribus.
Published in
Oxford Economic Papers
Volume and page numbers
66 , 824 -847
DOI
http://dx.doi.org/10.1093/oep/gpt032
ISSN
16
Subjects
Labour Economics, Wages And Earnings, and Health
Links
http://serlib0.essex.ac.uk/record=b1607753~S5
Notes
Albert Sloman Library Periodicals *restricted to Univ. Essex registered users*
#521941