@TechReport{iza:izadps:dp1321,
            	author={Bayo-Moriones, Alberto and Galdon-Sanchez, Jose Enrique and Güell, Maia},
            	title={Is Seniority-Based Pay Used as a Motivation Device? Evidence from Plant Level Data},
            	year={2004},
	month={Sep},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={1321},
            	url={https://www.iza.org/publications/dp1321},
	abstract={In this paper we use data from industrial plants to investigate if seniority-based pay is used
as a motivational device for production workers. Alternatively, seniority-based pay could
simply be a wage setting rule not necessarily related to the provision of incentives. Unlike
previous papers, we use a direct measure of seniority-based pay as well as measures of
monitoring devices and piece-rates. We find that firms that offer seniority-based pay are less
likely to offer explicit incentives. They are also less likely to invest in monitoring devices. We
also find that firms that offer seniority-based pay are more likely to engage in other human
resource management policies that result in long employment relationships. Overall these
results suggest that seniority-based pay is indeed used as a motivation device.},
	keywords={monitoring;incentives;human resource management practices},
            }