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Show Results For
- All HBS Web
(797)
- News (186)
- Research (524)
- Events (15)
- Multimedia (23)
- Faculty Publications (264)
- March 2022
- Article
How Much Does Your Boss Make? The Effects of Salary Comparisons
By: Zoë B. Cullen and Ricardo Perez-Truglia
The vast majority of the pay inequality in an organization comes from differences in pay between employees and their bosses. But are employees aware of these pay disparities? Are employees demotivated by this inequality? To address these questions, we conducted a... View Details
Keywords: Salary; Inequality; Managers; Career Concerns; Pay Transparency; Wages; Equality and Inequality; Perception; Behavior
Cullen, Zoë B., and Ricardo Perez-Truglia. "How Much Does Your Boss Make? The Effects of Salary Comparisons." Journal of Political Economy 130, no. 3 (March 2022): 766–822.
- 2007
- Working Paper
Plant-Size Distribution and Cross-Country Income Differences
By: Laura Alfaro, Andrew Charlton and Fabio Kanzcuk
We investigate, using plant-level data for 79 developed and developing countries, whether differences in the allocation of resources across heterogeneous plants are a significant determinant of cross-country differences in income per worker. For this purpose, we use a... View Details
Keywords: Heterogeneous Plants; Productivity; Policy Distortions; Wages; Equality and Inequality; Resource Allocation; Macroeconomics
Alfaro, Laura, Andrew Charlton, and Fabio Kanzcuk. "Plant-Size Distribution and Cross-Country Income Differences." Harvard Business School Working Paper, No. 07-086, May 2007. (Revised May 2008, August 2008. NBER Working Paper Series, No. 14060, June 2008)
- December 2010
- Article
Happiness Adaptation to Income and to Status in an Individual Panel
By: Rafael Di Tella and Robert MacCulloch
We study adaptation to income and to status using individual panel data on the happiness of 7,812 people living in Germany from 1984 to 2000. Specifically, we estimate a "happiness equation" defined over several lags of income and status and compare the long-run... View Details
Di Tella, Rafael, and Robert MacCulloch. "Happiness Adaptation to Income and to Status in an Individual Panel." Journal of Economic Behavior & Organization 76, no. 3 (December 2010): 834–852.
- 06 Oct 2009
- First Look
First Look: October 6
for tax analysis answers this question in the affirmative. Moreover, a plausible parameterization using data on height and wages implies a substantial height tax: a tall person earning $50,000 should pay $4,500 more in tax than a short... View Details
Keywords: Martha Lagace
- 12 Feb 2016
- Op-Ed
The Real Jobs Tragedy in the US: We've Lost the Skills
workforce. "Companies that might once have moved overseas to access low wage labor will likely in the future do so to access skilled workers" There’s plenty of evidence that the middle skills jobs crisis is really a skills... View Details
- 27 Nov 2012
- Working Paper Summaries
No Margin, No Mission? A Field Experiment on Incentives for Pro-Social Tasks
- Mar 2012
- Article
A Jobs Compact for America's Future
over investment in workers; federal policy makers fail to address high, persistent unemployment and underemployment; most people’s wages have stagnated for three decades, despite gains in productivity; and unions have become convenient... View Details
Henry Ford
cars per day. Ford was the first auto manufacturer to focus on a single model with a standardized chassis made of interchangeable parts. Ford became a national celebrity when, in 1914, he announced a basic wage of $5 per day for an 8-hour... View Details
Keywords: Automotive & Aerospace
- June 2025
- Article
Gender Diversity Performance and Voluntary Disclosure: Mind the (Gender Pay) Gap
By: June Huang and Shirley Lu
We study whether voluntary gender diversity disclosure is predictive of gender diversity performance. Exploiting a mandate in the United Kingdom that requires firms to disclose 2017 gender pay gap ("GPG") data for the first time, we find that providing voluntary gender... View Details
Huang, June, and Shirley Lu. "Gender Diversity Performance and Voluntary Disclosure: Mind the (Gender Pay) Gap." Accounting, Organizations and Society 114 (June 2025).
- 25 Mar 2021
- Research & Ideas
Steer Clear of the Blind Spots That Derail Experiments
if it’s worth adopting, Luca says. How do higher wages affect productivity? Many companies pay above-market wages based on the idea that employees will work harder if they’re making more money. However,... View Details
Keywords: by Danielle Kost
- 01 Jan 2020
- What Do You Think?
Why Not Open America's Doors to All the World’s Talent?
recipients are not highly paid (regardless of talent), saying that “green card data show the following percentages of foreign workers at Levels I or II making below-median wages (for a given region): Amazon 91%; Facebook 91%; and Google... View Details
- 12 PM – 1 PM EDT, 08 Apr 2015
- Webinars: Trending@HBS
Closing The Middle-Skills Gap: How Business Leaders Can Help
In this session, Professor Fuller will discuss research on the role of businesses in closing middle-skills gaps. He will explain why the traditional definition of middle skills is inadequate and present a unique view of jobs data. He will argue that by adopting a... View Details
- 08 Dec 2014
- Research & Ideas
A Manager’s Guide to International Strategy
developed market, or battle for consumers in a bigger, more established market? Where do you locate your activities? "People rushed into China, and now wage rates are going through the roof," Collis says. Building a manufacturing plant is... View Details
Keywords: by Julia Hanna
- 28 Aug 2017
- Research & Ideas
Should Industry Competitors Cooperate More to Solve World Problems?
could be better off financially in the future compared to other firms, it does not mean that the action is enough to make a meaningful contribution to the problem. For example, a firm might be better off by lifting wages for lower-level... View Details
- Article
Human Capital and the Future of Work: Implications for Investors and ESG Integration
By: Sakis Kotsantonis and George Serafeim
Human capital development (HCD) is a key consideration for most companies, but only recently have investors focused on understanding the risks and opportunities related to human capital with the emergence of environmental, social, and governance (ESG) investment... View Details
Keywords: Future Of Work; ESG; Employee Engagement; Employee Compensation; Human Capital; Human Resources; Employees; Compensation and Benefits; Wages
Kotsantonis, Sakis, and George Serafeim. "Human Capital and the Future of Work: Implications for Investors and ESG Integration." Journal of Financial Transformation 51 (April 2020): 115–130.
- 25 Oct 2006
- Op-Ed
Fixing Executive Options: The Veil of Ignorance
The latest corporate governance crisis is buried in the details of executive compensation contracts. Don't like the timing of the stock option grant you got or the strike price of the contract? No worries! It turns out that this is nothing an eraser can't fix. While... View Details
Keywords: by Mihir Desai & Joshua Margolis
- 2021
- Working Paper
Accounting for Workforce Impact at Scale
By: Adel Fadhel, Katie Panella, Ethan Rouen and George Serafeim
Using new data on workforce composition and wages, we systematically measure the employment impact at U.S. firms from 2008 to 2020, including 2,682 unique firms and 22,322 firm-year observations. We document significant variation across industries and firms within each... View Details
Keywords: Impact Accounting; ESG; Employee Turnover; Wages; Employment; Measurement and Metrics; Human Capital; Diversity; United States
Fadhel, Adel, Katie Panella, Ethan Rouen, and George Serafeim. "Accounting for Employment Impact at Scale." Harvard Business School Working Paper, No. 22-018, December 2021.
- Web
Why Soft Skills Still Matter in the Age of AI | Working Knowledge
stabilizing after 30. Higher wage premiums The authors found that these “nested structures” routinely commanded higher wages—not surprising considering the years it took to acquire advanced skills, one after the other, over a career. That... View Details
- 01 Dec 2020
- What Do You Think?
How Can We Get Companies to Invest More in Low-Wage Workers?
the lower ranks. One of the causes may well be inequities in the ability of executives and frontline labor to negotiate compensation for their skills. In particular, the declining power of unions and the stickiness of minimum wage laws... View Details
Keywords: by James Heskett
- 01 Jun 2012
- News
Bringing ‘Global’ Back Home
successfully in the global economy while supporting high and rising living standards for the average American.” Calling that definition “spot-on,” Fields says Ford must look beyond its bottom line and “continue to provide our employees with competitive View Details