The Options for A True Economic And Monetary Union

The Finnish Institute of International Affairs (FIIA) and the Research Institute of the Finnish Economy (ETLA) have the pleasure of inviting you to a seminar: THE OPTIONS FOR A TRUE ECONOMIC AND MONETARY UNION On Monday 14 October, at 9:00-11:30 At the Parliament Annex Auditorium (Pikkuparlamentti) Arkadiankatu 3, Helsinki The European Union is in a […]

Performance Pay and Enterprise Productivity: The Details Matter

Much of the empirical literature on PRP (Performance Related Pay) focuses on a question of whether the firm can increase firm performance in general and enterprise productivity in particular by introducing PRP and if so, how much. However, not all PRP programs are created equal and PRP programs vary significantly in a variety of attributes. […]

The Euro Area recession appears to be over – Finland’s GDPwill grow by 1.6 per cent in 2014

The euro area recession appears to be over, but growth will remain slow. Upturn began also in Finland in second quarter, but GDP for the year as a whole remains lower than in 2012. Finland’s GDP will fall 0.4 per cent in 2013 but grow by 1.6 per cent next year.

Empirical Evidence on the Dynamics of Incentive Plans

Using three different waves of a survey on compensation practices from 2005, 2007, and 2010, we study the dynamics of incentive plans. We describe that firms frequently discontinue incentive plans and often change performance measures and organizational levels of performance measurement. The results show that incentive plans are dynamic in nature, but that the dynamics […]

The Performance Effects of Individual and Group Incentives: A Case Study

We study a warehouse that changes its incentive plan from a group plan to an individual plan. We focus on the impact that the change had on productivity, allocation of time to different tasks, and helping across departments. Utilizing time series methods we find that average productivity increased about 15 % but that individuals reacted […]

Performance Measurement in Healthcare Incentive Plans

By using quantitative survey data and conducting a case study, we examine performance measurement of incentive plans in Finnish private sector health care organizations. We find that the performance measures used in the incentive plans are in line with recent economic theories of performance measurement. The findings from the case study emphasize the importance of […]

The Options for A True Economic And Monetary Union

The Finnish Institute of International Affairs (FIIA) and the Research Institute of the Finnish Economy (ETLA) have the pleasure of inviting you to a seminar: THE OPTIONS FOR A TRUE ECONOMIC AND MONETARY UNION On Monday 14 October, at 9:00-11:30 At the Parliament Annex Auditorium (Pikkuparlamentti) Arkadiankatu 3, Helsinki The European Union is in a […]

Performance Pay and Enterprise Productivity: The Details Matter

Much of the empirical literature on PRP (Performance Related Pay) focuses on a question of whether the firm can increase firm performance in general and enterprise productivity in particular by introducing PRP and if so, how much. However, not all PRP programs are created equal and PRP programs vary significantly in a variety of attributes. […]

The Euro Area recession appears to be over – Finland’s GDPwill grow by 1.6 per cent in 2014

The euro area recession appears to be over, but growth will remain slow. Upturn began also in Finland in second quarter, but GDP for the year as a whole remains lower than in 2012. Finland’s GDP will fall 0.4 per cent in 2013 but grow by 1.6 per cent next year.

Empirical Evidence on the Dynamics of Incentive Plans

Using three different waves of a survey on compensation practices from 2005, 2007, and 2010, we study the dynamics of incentive plans. We describe that firms frequently discontinue incentive plans and often change performance measures and organizational levels of performance measurement. The results show that incentive plans are dynamic in nature, but that the dynamics […]

The Performance Effects of Individual and Group Incentives: A Case Study

We study a warehouse that changes its incentive plan from a group plan to an individual plan. We focus on the impact that the change had on productivity, allocation of time to different tasks, and helping across departments. Utilizing time series methods we find that average productivity increased about 15 % but that individuals reacted […]

Performance Measurement in Healthcare Incentive Plans

By using quantitative survey data and conducting a case study, we examine performance measurement of incentive plans in Finnish private sector health care organizations. We find that the performance measures used in the incentive plans are in line with recent economic theories of performance measurement. The findings from the case study emphasize the importance of […]