Wage - Publications - Faculty & Research

01 Sep 2020
News

Navigating the Populism Phenomenon

such as workers facing decreased wages or losing their jobs. RDT: The elite, in general, have overclaimed the advantages of economic globalization. For example, in trade, globalization is potentially helpful for everyone, but for that to... View Details

Keywords: April White

28 Jul 2006
Research & Ideas

Meeting China’s Need for Management Education

to grow and prosper. Manufacturing sectors in Hong Kong, Taiwan, and Singapore face the pressing problem of lower wage competition from plants in China. Thus many of those regions' manufacturing firms are relocating their factories and... View Details

Keywords: by Sean Silverthorne; Education

01 Jul 2008
First Look

First Look: July 1, 2008

offshorability and wage level, where Blinder found no correlation. While Blinder found a slight wage penalty for the most offshorable jobs, the student data exhibited no evidence of View Details

Keywords: Martha Lagace

November 2011
Article

Corporate Governance When Founders Are Directors

By: Feng Li and Suraj Srinivasan

We examine CEO compensation, CEO retention policies, and M&A decisions in firms where founders serve as a director with a non-founder CEO (founder-director firms). We find that founder-director firms offer a different mix of incentives to their CEOs than other firms.... View Details

Keywords: Corporate Governance; Executive Compensation; Retention; Policy; Motivation and Incentives; Performance; Governing and Advisory Boards; Mergers and Acquisitions; Wages; United States

Citation

SSRN

Find at Harvard

12 Apr 2018
Op-Ed

Op-Ed: The Trouble with Tariffs

That’s not helpful to companies, consumers, or economies. Related Reading: Trump’s Tariffs Could Harm Allies as Much as Opponents Is China About to Overtake the US for World Trade Leadership? The ‘Mother of Fair Trade’ was an Unabashed Price Protectionist What do you... View Details

Keywords: by Willy C. Shih; Manufacturing; Auto; Steel; Air Transportation; Technology; Telecommunications

01 Jun 1997
News

A Better Way to Go on Strike

enough to keep operations going. Neither battling party would get a nickel from this fund until they reached an agreement - not just on a new contract but on how to divide the pot itself. As in an ordinary strike, each side could wage a... View Details

Keywords: David Lax and Professor James K. Sebenius

13 Feb 2018
First Look

New Research and Ideas, February 13, 2018

and complementary online studies provide a clear answer: yes. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=53860 forthcoming Management Science Wage Elasticities in Working and Volunteering: The Role of Reference... View Details

Keywords: Sean Silverthorne

18 Sep 2000
Research & Ideas

Big Deals: Financing Large-Scale Investments

people, and it provides skills and good wages in a country where the average person makes from $90 to $100 per year. Equally important is the project's catalytic impact on future investment. The sponsors are considering adding a second... View Details

Keywords: by Julia Hanna

01 Jan 2003
News

Charles O. Rossotti, MBA 1964

financial management system held together by baling wire." Along with bringing the IRS's financial management system into the 21st century, Rossotti reorganized the agency into four units, each responsible for a specific group of taxpayers: individuals with View Details

February 2006
Article

Wealth and Executive Compensation

Using new data on the wealth of Swedish CEOs, I show that higher wealth CEOs receive stronger incentives. Since high wealth (excluding own-firm holdings) implies low absolute risk aversion, this is consistent with a risk aversion explanation. To examine whether wealth... View Details

Keywords: Wealth; Executive Compensation; Motivation and Incentives; Power and Influence; Risk Management; Competency and Skills; Wages; Sweden

Citation

Find at Harvard

01 Dec 2016
News

Alumni Leading Change

earned approximately $1.5 billion in revenue in 2015 from serving top brands, including Hugo Boss, Nautica, and Ralph Lauren. Yang is a catalyst for change in a traditional industry. As wages rise in China, many textile companies are... View Details

24 Mar 2020
Research & Ideas

These Coronavirus Heroes Show Us How Crisis Leadership Works

logistical challenges. Meanwhile, McMillon took the bold step in mid-March of paying $550 million in one-time bonuses to hourly employees to reward them for keeping shelves stocked in a time of unprecedented demand. Brian Cornell, CEO of Target, invested $300 million... View Details

Keywords: by Bill George; Health

22 Feb 2000
Research & Ideas

Social Capital Markets: Creating Value in the Nonprofit World

track how that cost structure changes due to the nonprofit's intervention. "If employees go off welfare and start earning wages and paying taxes, there's an inverse relationship. They end up contributing to society," he says.... View Details

Keywords: by Anne Kavanagh

01 Mar 2018
News

Money (Actually) Can Buy Happiness

AW: There’s a lot of interesting research that shows that hourly wage workers think about their time differently than salaried employees. When you take the resource of time—which typically links you to things you care about such as... View Details

Keywords: April White

September 2010
Case

Bush Brothers & Company

By: Lena G. Goldberg and Chad Carr

The chairman and CEO of Bush Brothers grapples with leading and managing changes in strategy, governance and board composition, as well as succession, compensation and ownership issues, as he takes the family owned/family operated business into its fourth generation.... View Details

Keywords: Family Business; Change Management; Decision Making; Selection and Staffing; Leading Change; Management Succession; Governing and Advisory Boards; Wages; Values and Beliefs; Growth and Development Strategy

Citation

Educators

03 Sep 2020
Op-Ed

Why American Health Care Needs Its Own SEC

medicine. They do not know if they received good value for the money. Partially as a result of this lack of transparency, increases in employers’ health care costs have outstripped inflation and workers’ wage increases for decades.... View Details

Keywords: by Regina E. Herzlinger; Health

23 Jul 2020
Research & Ideas

How Countries Use Financial Policy to Fight COVID-19

maintenance of the tracker during the semester, uses Canada as an example of how deeply the tracker can help trace policy implications. The public typically sees actions like wage reimbursements for laid off workers. But the tracker... View Details

Keywords: by Rachel Layne

16 Aug 2011
First Look

First Look: August 16

adapt to the behavioral biases of employees to "sort in" ("sort away") attractive (unattractive) employees; such schemes may also reduce a firm's wage bill. Consequence-Cause Matching: Looking to the Consequences of... View Details

Keywords: Sean Silverthorne

01 Mar 2012
News

Competitiveness at Risk

successfully in global markets while also supporting high and rising living standards for Americans. America is not more competitive if businesses succeed by paying lower wages. Actually, the need to cut wages reflects a lack of... View Details

Keywords: Roger Thompson; Educational Support Services; Educational Services

August 2018 (Revised August 2019)
Technical Note

A Note on Compensation

By: Ethan Bernstein and Michael Norris

This note provides an overview of the important terms, concepts, and frameworks that a manager should know about compensation—whether it be their own or that of an employee. Because compensation in practice is fraught with pitfalls, this note presents an overview of... View Details