New York City just instituted a landmark performance pay plan, so this week I'll focus on the merits and the pitfalls of performance pay.Tuesday: What is the theory of action underlying performance pay? That is, what do supporters of performance pay think will happen as a result of these plans?
Wednesday: How does performance pay work in other sectors?
Thursday: Reader comments roundup
Friday: How might individual performance pay plans work differently than collective ones? What are the potential benefits and costs of the NYC plan?
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