- May 4, 2021
Professor Steve Wu and his team of experts examine the effect bonuses and penalties have on employees. They find that penalties not only have the potential to increase employee turnover but that bonuses have a more positive effect as their value increases. Check out what else they found.
Van der Stede, W.A., Wu, A., Wu, S., 2020, An Empirical Analysis of Employee Responses to Bonuses and Penalties, The Accounting Review, November, 95 (6): 395-412.