Pay - Publications - Faculty & Research

18 Aug 2022
Op-Ed

Your Best Employees Are Burning Out: A Framework for Retaining Talent

employers’ past transgressions. Generational factors and burnout Leaders must realize that their workers are their greatest assets in their quest to achieve institutional goals. Instead of paying lip service to caring for employees or... View Details

Keywords: by Hise Gibson and MaShon Wilson

Web

Business History - Faculty & Research

Contested Meanings of Freedom: Workingmen's Wages, the Company Store System and the Godcharles v. Wigeman Decision By: Laura Phillips Sawyer In 1886, the Pennsylvania Supreme Court struck down a law that prohibited employers from paying... View Details

Web

Skydeck - Alumni

critical perspective to his personal and professional life. Now he’s working with researchers to show how extended time away from the daily grind can pay off for workers and employers. We’re All Going to Get Hacked Companies shouldn’t... View Details

08 Oct 2020
Research & Ideas

Keep Your Weary Workers Engaged and Motivated

executives motivated who were asked to take a 50% salary reduction. Because we are now closed and have no revenue, we asked senior staff to take a 50% pay reduction until we reopen. Our CEO took a 100% pay... View Details

Keywords: by Boris Groysberg and Robin Abrahams

29 Sep 2014
Research & Ideas

Why Do Outlet Stores Exist?

of a particular item's design. Ngwe found an almost perfect inverse correlation between the two attributes. In other words, the more likely a customer was willing to pay a premium price for the newest fashions, the less likely were he or... View Details

Keywords: by Michael Blanding; Apparel & Accessories; Fashion; Retail

02 Jun 2022
Research & Ideas

Blissful Thinking: When It Comes to Finding Happiness, 'Your Dreams Are Liars'

say, “Okay, let’s look at comp.” And you’d say, “Oh, I pay really competitive salaries and benefits.” Then I’d say, “No, let’s look at the real comp.” Real comp is the tangibles plus the intangibles in a job, and the number-one intangible... View Details

Keywords: by Dan Morrell

28 Aug 2009
Working Paper Summaries

The Impact of Private Equity Ownership on Portfolio Firms’ Corporate Tax Planning

Keywords: by Brad Badertscher, Sharon P. Katz & Sonja Olhoft Rego; Financial Services

10 Apr 2008
Working Paper Summaries

Where Does it Go? Spending by the Financially Constrained

Keywords: by Shawn A. Cole, John Thompson & Peter Tufano; Financial Services

TeachingInterests

The Business of Entertainment, Media, and Sports (MBA)

By: Anita Elberse

This second-year MBA course is primarily designed for students pursuing a career in the entertainment, media and sports sectors -- including film, television, music, publishing, video games, the performing arts, sports, fashion, and advertising -- or who plan to work... View Details

Research Summary

Wage Policies and Incentives to Invest in Firm-Specific Human Capital (joint with George Baker and Nancy Dean Beaulieu)

The accumulation of firm-specific knowledge improves firm productivity and employee reten-tion, by creating a wedge between what the employee is worth inside and outside the firm. How does the firm create incentives for investment in firm-specific human capital when... View Details

2025
Working Paper

Bank Capital and the Growth of Private Credit

By: Sergey Chernenko, Robert Ialenti and David Scharfstein

We show that business development companies (BDCs), a significant source of private credit, are very well capitalized according to bank capital frameworks. These types of private credit funds have median risk-based capital ratios of about 36%, which is 26 percentage... View Details

Keywords: Financing and Loans; Capital; Credit; Financial Institutions

Citation

SSRN

08 Apr 2025
HBS Seminar

Dan Bartels, University of Chicago

A New Approach to Building Your Personal Brand

For better or worse, in today's world everyone is a brand. Whether you're applying for a job, asking for a promotion, or writing a dating profile, your success will depend on getting others to recognize your value. So, you need to get comfortable marketing yourself. In... View Details

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Leadership - Faculty & Research

employees a "Grand Bargain": The company will pay for voluntary reskilling and retraining, but the workers will need to take responsibility for their own futures. Those who opt in will gain valuable skills and have a future with the... View Details

Profile

Christina Byrd

proud of working on Uber’s inaugural fair pay/equal pay analyses – we made sure we were paying men and women, black and white, the same pay for the same performance. I became... View Details

30 Mar 2021
Research & Ideas

Commuting Hurts Productivity and Your Best Talent Suffers Most

workers’ subjective well-being,” the researchers write. How can companies ease the commuting pain? While Wu is quick to note that some “knowledge work” depends on in-person collaboration, including medical and biotech research, he says business leaders and managers... View Details

Keywords: by Lane Lambert

18 Jun 2013
First Look

First Look: June 18

Unlocking Innovation Through Business Experimentation By: Thomke, Stefan Abstract—No abstract available. Publisher's link: http://www.europeanbusinessreview.com/?p=8420 Working Papers Pay Harmony: Peer Comparison and Executive... View Details

Keywords: Anna Secino

06 Jun 2018
Research & Ideas

Cut Salaries or Cut People? The Best Way to Survive a Downturn

eugeniek Companies looking to shed costs in an economic downturn rarely cut compensation—typically, they slash jobs instead. New research confirms the wisdom of that decision. The study concludes that when a company cuts employee pay the... View Details

Keywords: by Rachel Layne

18 May 2022
Research & Ideas

Are Banks the ‘Bad Guys’? Overdraft Fees Are Crushing Low-Income Customers

bouncing and charging the account another $70 in overdraft fees. Failing to pay those multiplying fees can lead the bank to close accounts—a stain on a consumer’s record that can have lasting ramifications. ChexSystems, the main consumer... View Details

Keywords: by Rachel Layne; Financial Services

01 Feb 2021
Blog Post

Choosing the Right Student Loan

wisely, you can minimize the amount you owe and the time it takes to pay them off. There are tons of student loan options out there, so how do you choose which one is right for you? Here are five important things to consider when choosing... View Details

Publications