A study compared different firms' methods of recognizing and rewarding employee performance and examined the impact of such recognition and reward on such factors as involuntary and voluntary labor turnover and worker productivity. Data from a survey of 3,412 employers that was sponsored by the National Institute of Education and the National…

This paper presents evidence that recent aptitude test score decline is signaling a significant deterioration in the quality of entering cohorts of workers. The impact of general intellectual achievement (GIA) on productivity; trends in the GIA of the adult populations, students, and working adults; accounting for the labor quality growth when…

Wage rates and earnings give misleading signals to public and private policymakers as to the benefits of certain kinds of education and training investments. These misleading signals result from the fact that (1) workers and employers prefer employment contracts that either do not recognize or only partially recognize differences in productivity…