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International Workshop on Performance Pay and Employee Outcomes

On December 2, 2022, the economic working group of the IAAEU, in cooperation with the Chair of Personnel Economics at the University of Trier, held a workshop on the topic of Performance Pay and Employee Outcomes. This was the second workshop to be held on site after a long pause due to the pandemic and allowed the speakers to get to know Trier, the local Christmas market, and the IAAEU premises, as well as enjoying a conference dinner the preceding evening.

The workshop addressed a variety of aspects of performance-based pay: Andreas Sintos (University of Luxembourg) spoke about the effects on work-related exhaustion. Nicole Andelic (University of Aberdeen) presented a topic-related experimental study on stress, in which the effects of performance-based pay were shown by measuring cortisol levels. Together with her co-authors, she showed that participants with performance-based pay displayed higher stress levels. Enja Herdejürgen (Paderborn University) examined the effects of performance-based pay in a rather unconventional context.

The author showed, using the example of the change in the bonus system for large international riding tournaments, a positive correlation between performance-based pay and the quality of participating riders. The program was rounded off by presentations on topics including job satisfaction (Marco Clemens, IAAEU Trier), equity-based compensation systems (Slađana Krgović, Bocconi University Milan), flexible working hours (Joanna Tyrowicz, University of Warsaw), and gender-specific wage inequality (Ezgi Kaya, Cardiff University).

The workshop was characterized by numerous comments and lively discussions among the participants