Wages - Publications - Faculty & Research

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

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

Keywords: Compensation Design; Benefits; Perks; Variable Compensation; Compensation and Benefits; Executive Compensation; Stock Options; Profit Sharing; Job Design and Levels; Labor Unions; Wages; United States

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03 Apr 2006
What Do You Think?

Has Globalization Reached Its Peak?

are lost and wages reduced for U.S. citizens and legal immigrants or whether immigrants of any stripe help lower costs for all kinds of goods and services. Some would argue that more fluid labor markets, increased outsourcing, and the... View Details

Keywords: by James Heskett

27 Dec 2015
Research & Ideas

The Most Popular Stories and Research Papers of 2015

Women whose moms worked outside the home are more likely to have jobs themselves, are more likely to hold supervisory responsibility at those jobs, and earn higher wages than women whose mothers stayed home full time, according to... View Details

01 Nov 2010
Research & Ideas

How IT Shapes Top-Down and Bottom-Up Decision Making

and productivity, but also in the labor market, as information access and communication technology changes can be expected to affect the wage distribution in opposite directions," their paper states. The researchers looked at... View Details

Keywords: by Carmen Nobel

01 Mar 2009
News

My Real Career

tucked comfortably away in my closet until my most valuable living assets, my children, emerge into their own selves. So here’s to all you wage earners and the devoted ones who spend it all. We’ve come a long way in fifteen years,... View Details

Keywords: Liesl Pike Moldow; Management, Scientific, and Technical Consulting Services; Professional Services

October 2010 (Revised October 2011)
Case

Ken Langone: Member, GE Compensation Committee

By: Suraj Srinivasan and Lizzie Gomez

On September 2003, Richard Grasso stepped down as chairman and CEO of the New York Stock Exchange, following weeks of intense public criticism over the size of his $190 million compensation package. As chairman of the committee that oversaw Grasso's payout, Ken Langone... View Details

Keywords: Accounting; Corporate Governance; Governing and Advisory Boards; Employee Stock Ownership Plan; Executive Compensation; Governing Rules, Regulations, and Reforms; Labor and Management Relations; Wages; Change Management; Energy Industry; New York (city, NY)

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25 Feb 2020
Research & Ideas

For Migrant Workers, Homesickness Can Reduce Productivity

together" “These psychological costs of moving are really important because, if you think about it, if you get career benefits and, in many cases, a wage increase from moving, what might be holding people back is their attachment to... View Details

Keywords: by Kristen Senz

11 Dec 2018
Research & Ideas

Free Trade Needs Nurturing—and Other Lessons from History

explosion of trade and capital flows created a world that looked in many ways like ours. Yet even in the early 20th century, there remained tensions of increasing inequality and wage competition in a context of ruthless international... View Details

Keywords: by Staff; Auto; Aerospace; Chemical; Consumer Products; Electronics; Energy; Industrial Products; Manufacturing; Shipping; Transportation

03 Nov 2016
Op-Ed

Forget About Making College Affordable; Make it a Good Investment

about $29,000, or about two years’ worth of the average young college graduate’s wage premium over a high school grad. A course of study and internships that lead to a college-level job usually will yield returns sufficient to prevent... View Details

Keywords: by Joseph Fuller; Education

Web

Buy Now, Pay Later: The Secondary Credit Market

people in industrializing societies to get themselves into debt. At the same time, waged employment in booming nineteenth-century cities created a class of borrowers who lacked the social networks necessary for older types of neighborly... View Details

09 Jan 2019
Research & Ideas

The UK Needs a Bold Strategy Around Competition to Survive Brexit

UK has failed to grasp the regional approach to development that has been so important to success in other economies,” Porter argues. Slow growth and low wages are primarily the result of regional competitive weaknesses, which have offset... View Details

Keywords: by Michael Blanding

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

21 May 2018
Blog Post

Harnessing The Power of Collaboration to Create Opportunity in Chicago

producing pre-tax wages of nearly $25 million. Chicago food entrepreneurs face obstacles that limit their ability to start and grow businesses. Specifically, they lack access to affordable, food grade production space, high quality... View Details

Keywords: Nonprofit / Government

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

01 Mar 2018
News

March 2018 Alumni and Faculty Books

industrial wage workers; and the production of knowledge, including the idea of the economy, among other topics. Together, they suggest emerging themes in the field: a fascination with capitalism as it is made by political authority, how... View Details

31 Jan 2012
First Look

First Look: Jan. 31

Kast, Stephan Meier, and Dina Pomeranz Abstract While commitment devices such as defaults and direct deposits from wages have been found to be highly effective to increase savings, they are unavailable to the millions of people worldwide... View Details

Keywords: Sean Silverthorne & Carmen Nobel

Web

Diversity on Teams: Our Own Harvest - Race, Gender & Equity

complexity? Pipeline problems Max Bazerman on Reducing Discrimination Charlice Hurst on The Just Wage Tool The premise of our work is this core belief that racism and inequity are products of design. And, if they are products of design,... View Details

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