You're Paid What You're Worth

A myth-busting book challenges the idea that we're paid according to objective criteria and places power and social conflict at the heart of economic analysis.Your pay depends on your productivity and occupation. If you earn roughly the same as others in your job, with the precise level determi...

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1. Verfasser: Rosenfeld, Jake (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Cambridge, MA Harvard University Press [2021]
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Datensatz im Suchindex

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spelling Rosenfeld, Jake Verfasser aut
You're Paid What You're Worth Jake Rosenfeld
Cambridge, MA Harvard University Press [2021]
© 2020
1 Online-Ressurce (320 Seiten)
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c rdamedia
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Description based on online resource; title from PDF title page (publisher's Web site, viewed 24. Aug 2021)
A myth-busting book challenges the idea that we're paid according to objective criteria and places power and social conflict at the heart of economic analysis.Your pay depends on your productivity and occupation. If you earn roughly the same as others in your job, with the precise level determined by your performance, then you're paid market value. And who can question something as objective and impersonal as the market? That, at least, is how many of us tend to think. But according to Jake Rosenfeld, we need to think again.Job performance and occupational characteristics do play a role in determining pay, but judgments of productivity and value are also highly subjective. What makes a lawyer more valuable than a teacher? How do you measure the output of a police officer, a professor, or a reporter? Why, in the past few decades, did CEOs suddenly become hundreds of times more valuable than their employees? The answers lie not in objective criteria but in battles over interests and ideals. In this contest four dynamics are paramount: power, inertia, mimicry, and demands for equity. Power struggles legitimize pay for particular jobs, and organizational inertia makes that pay seem natural. Mimicry encourages employers to do what peers are doing. And workers are on the lookout for practices that seem unfair. Rosenfeld shows us how these dynamics play out in real-world settings, drawing on cutting-edge economics, original survey data, and a journalistic eye for compelling stories and revealing details.At a time when unions and bargaining power are declining and inequality is rising, You're Paid What You're Worth is a crucial resource for understanding that most basic of social questions: Who gets what and why?
In English
BUSINESS & ECONOMICS / Organizational Behavior bisacsh
Equality
Merit pay
Pay equity
Performance standards
Wages and labor productivity
https://doi.org/10.4159/9780674250857?locatt=mode:legacy Verlag URL des Erstveröffentlichers Volltext
spellingShingle Rosenfeld, Jake
You're Paid What You're Worth
BUSINESS & ECONOMICS / Organizational Behavior bisacsh
Equality
Merit pay
Pay equity
Performance standards
Wages and labor productivity
title You're Paid What You're Worth
title_auth You're Paid What You're Worth
title_exact_search You're Paid What You're Worth
title_full You're Paid What You're Worth Jake Rosenfeld
title_fullStr You're Paid What You're Worth Jake Rosenfeld
title_full_unstemmed You're Paid What You're Worth Jake Rosenfeld
title_short You're Paid What You're Worth
title_sort you re paid what you re worth
topic BUSINESS & ECONOMICS / Organizational Behavior bisacsh
Equality
Merit pay
Pay equity
Performance standards
Wages and labor productivity
topic_facet BUSINESS & ECONOMICS / Organizational Behavior
Equality
Merit pay
Pay equity
Performance standards
Wages and labor productivity
url https://doi.org/10.4159/9780674250857?locatt=mode:legacy
work_keys_str_mv AT rosenfeldjake yourepaidwhatyoureworth