Personnel Economics for Managers

by Edward P. Lazear

• ISBN13: 9780471594666
• ISBN10: 0471594660
• Format: Hardcover
• Copyright: 1998-09-01
• Publisher: Wiley

Summary

"To be an effective manager, you need more than common sense and wisdom; you need a structured, rigorous framework for analyzing the issues you face. By applying a new approach called personnel economics, Personnel Economics in Practice, Second Edition presents the most rigorous analyses of traditional general management questions available. Its emphasis on practical application gives you the tools to analyze a variety of problems." "Using many real-world and up-to-date examples, including some data from the authors' research, Personnel Economics in Practice, Second Edition puts at your fingertips a rich model of personnel and organizational design for growing a strong, innovative organization."--BOOK JACKET.

Author Biography

Edward P. Lazear, senior fellow at the Hoover Institution of War, Revolution and Peace since 1985, is also the Jack Steele Parker Professor of Human Resources, Management and Economics at Stanford University’s Graduate School of Business. Current and founding editor of the Journal of Labor Economics, and past president of the Society of Labor Economists, Professor Lazear is the visionary leader in the field of human resource management.

Table of Contents

CHAPTER 1 Introduction	1	(8)
CHAPTER 2 Setting Hiring Standards	9	(36)
CHAPTER 3 Hiring the Right People	45	(28)
CHAPTER 4 Learning a Worker's Productivity	73	(24)
CHAPTER 5 Variable Pay or Straight Salary?	97	(36)
CHAPTER 6 The Theory of Human Capital	133	(34)
CHAPTER 7 Turnover, Layoffs and Buyouts	167	(28)
CHAPTER 8 Information, Signalling, and Raiding	195	(28)
CHAPTER 9 Promotions as Motivators	223	(36)
CHAPTER 10 Industrial Politics	259	(22)
CHAPTER 11 Seniority-Based Incentive Schemes	281	(22)
CHAPTER 12 Teams	303	(42)
CHAPTER 13 More on the Employment Relationship: Outsourcing, Contracts, Franchising, and More	345	(32)
CHAPTER 14 Nonmonetary Compensation	377	(32)
CHAPTER 15 Benefits	409	(32)
CHAPTER 16 The Job: Tasks and Authority	441	(6)
CHAPTER 17 Evaluation	447	(58)
CHAPTER 18 Worker Empowerment	505	(25)
GLOSSARY	530	(3)
INDEX	533