You're paid what you're worth: and other myths of the modern economy
Part I. Questions about pay: What does determine our pay? -- What do we think determines our pay? -- Part II. Paying for performance?: Employers against the free market -- Mismeasuring performance and the pitfalls of paying for merit -- The bosses' boss -- Part III. Paying for the job?: When go...
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| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cambridge, Massachusetts ; London, England
The Belknap Press of Harvard University Press
2021
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| Subjects: | |
| Online Access: | Inhaltsverzeichnis Klappentext |
| Summary: | Part I. Questions about pay: What does determine our pay? -- What do we think determines our pay? -- Part II. Paying for performance?: Employers against the free market -- Mismeasuring performance and the pitfalls of paying for merit -- The bosses' boss -- Part III. Paying for the job?: When good jobs go bad -- Bad jobs can be good -- Part IV. Toward a fairer wage: Rethinking inequality -- Toward a fairer wage "Setting wages isn't an exact science, but we like to think that our workplace performance provides an objective basis for pay. You're Paid What You're Worth offers a bold theory to the contrary, arguing that pay is decided in contests over interests and ideals-that social conflicts, not economic metrics, determine who gets how much." |
| Item Description: | Enthält Literaturangaben und Index |
| Physical Description: | 364 Seiten Diagramme |
| ISBN: | 9780674916593 |
Staff View
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| adam_text | CONTENTS PART I: QUESTIONS ABOUT PAY 1 What Does Determine Our Pay? 3 2 What Do We Think Determines Our Pay? 26 PART II: PAYING FOR PERFORMANCE? 3 Employers Against the Free Market 57 4 Mismeasuring Performance and the Pitfalls of Paying for Merit 87 5 The Bosses’Boss 115 PART III: PAYING FOR THE JOB? 6 When Good Jobs Go Bad 147 7 Bad Jobs Can Be Good 185 PART IV: TOWARD A FAIRER WAGE 8 Rethinking Inequality 221 9 Toward a Fairer Wage 243 Epilogue:What Foot Soldiers Deserve Notes 273 Acknowledgments 337 268 Index 341
Your pay depends on your productivity and occu pation. 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 im personal as the market? That, at least, is how many of us tend to think. But according to Jake Rosen feld, we need to think again. Job performance and occupational character istics do play a role in determining pay, but judg ments of productivity and value are also highly sub jective. 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 employ ees? 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 work ers are on the lookout for practices that seem un fair. 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 under standing that most basic of social questions: Who gets what and why?
Jake Rosenfeld is Professor of Sociology at Washington University in St. Louis, where he specializes in the political and economic causes of inequality in advanced democracies. He is author of What Unions No Longer Do and writes for the New York Times, Politico, and Los Angeles Times, among other outlets.
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| adam_txt |
CONTENTS PART I: QUESTIONS ABOUT PAY 1 What Does Determine Our Pay? 3 2 What Do We Think Determines Our Pay? 26 PART II: PAYING FOR PERFORMANCE? 3 Employers Against the Free Market 57 4 Mismeasuring Performance and the Pitfalls of Paying for Merit 87 5 The Bosses’Boss 115 PART III: PAYING FOR THE JOB? 6 When Good Jobs Go Bad 147 7 Bad Jobs Can Be Good 185 PART IV: TOWARD A FAIRER WAGE 8 Rethinking Inequality 221 9 Toward a Fairer Wage 243 Epilogue:What Foot Soldiers Deserve Notes 273 Acknowledgments 337 268 Index 341
Your pay depends on your productivity and occu pation. 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 im personal as the market? That, at least, is how many of us tend to think. But according to Jake Rosen feld, we need to think again. Job performance and occupational character istics do play a role in determining pay, but judg ments of productivity and value are also highly sub jective. 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 employ ees? 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 work ers are on the lookout for practices that seem un fair. 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 under standing that most basic of social questions: Who gets what and why?
Jake Rosenfeld is Professor of Sociology at Washington University in St. Louis, where he specializes in the political and economic causes of inequality in advanced democracies. He is author of What Unions No Longer Do and writes for the New York Times, Politico, and Los Angeles Times, among other outlets. |
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| spelling | Rosenfeld, Jake 1978- Verfasser (DE-588)1048122719 aut You're paid what you're worth and other myths of the modern economy Jake Rosenfeld Cambridge, Massachusetts ; London, England The Belknap Press of Harvard University Press 2021 364 Seiten Diagramme txt rdacontent n rdamedia nc rdacarrier Enthält Literaturangaben und Index Part I. Questions about pay: What does determine our pay? -- What do we think determines our pay? -- Part II. Paying for performance?: Employers against the free market -- Mismeasuring performance and the pitfalls of paying for merit -- The bosses' boss -- Part III. Paying for the job?: When good jobs go bad -- Bad jobs can be good -- Part IV. Toward a fairer wage: Rethinking inequality -- Toward a fairer wage "Setting wages isn't an exact science, but we like to think that our workplace performance provides an objective basis for pay. You're Paid What You're Worth offers a bold theory to the contrary, arguing that pay is decided in contests over interests and ideals-that social conflicts, not economic metrics, determine who gets how much." Lohnniveau (DE-588)4168076-5 gnd rswk-swf Lohnsystem (DE-588)4168089-3 gnd rswk-swf USA (DE-588)4078704-7 gnd rswk-swf Lohnquote / (DE-627)091375541 / (DE-STW)11326-1 Lohnniveau / (DE-627)091375525 / (DE-STW)11325-3 Vergütungssystem / (DE-627)091397375 / (DE-STW)11341-5 USA / (DE-627)091396867 / (DE-STW)17829-1 Pay equity Equality Performance standards Wages and labor productivity Merit pay USA (DE-588)4078704-7 g Lohnniveau (DE-588)4168076-5 s Lohnsystem (DE-588)4168089-3 s b DE-604 Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=032668405&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=032668405&sequence=000003&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA Klappentext |
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| title | You're paid what you're worth and other myths of the modern economy |
| title_auth | You're paid what you're worth and other myths of the modern economy |
| title_exact_search | You're paid what you're worth and other myths of the modern economy |
| title_exact_search_txtP | You're paid what you're worth and other myths of the modern economy |
| title_full | You're paid what you're worth and other myths of the modern economy Jake Rosenfeld |
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| title_full_unstemmed | You're paid what you're worth and other myths of the modern economy Jake Rosenfeld |
| title_short | You're paid what you're worth |
| title_sort | you re paid what you re worth and other myths of the modern economy |
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