1991
DOI: 10.1177/0734371x9101100304
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Merit Pay in Academia: Historical Perspectives and Contemporary Perceptions

Abstract: This paper reviews the historical perspectives and contemporary perceptions of merit plans as tools to promote excellence and productivity. A review of literature involving merit plans, their success, and conditions linked with successful and unsuccessful plans is combined with a survey of deans of public and private business schools to determine perceived residual benefits of merit pay plans. Implementation problems are also addressed. Inasmuch as merit pay systems are currently being externally imposed on a … Show more

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Cited by 13 publications
(5 citation statements)
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“…This necessarily transfers risk to the risk-averse agent'' (Miller 2005: 206). Selective incentives like merit pay in academia-a concept, which by the way can be traced back to the early ninteenth century (see Taylor et al 1991)-are supposed to change the professor's behavior by changing his individual payoff (Kollock 1998). In case of universities, the efficacy of selective incentives is most likely limited by two reasons: (1) It is very difficult for superiors or-in the case of teachingpeers to monitor and reward the performance of professors (Frey and Osterloh 2002).…”
Section: Theoretical Underpinningmentioning
confidence: 99%
“…This necessarily transfers risk to the risk-averse agent'' (Miller 2005: 206). Selective incentives like merit pay in academia-a concept, which by the way can be traced back to the early ninteenth century (see Taylor et al 1991)-are supposed to change the professor's behavior by changing his individual payoff (Kollock 1998). In case of universities, the efficacy of selective incentives is most likely limited by two reasons: (1) It is very difficult for superiors or-in the case of teachingpeers to monitor and reward the performance of professors (Frey and Osterloh 2002).…”
Section: Theoretical Underpinningmentioning
confidence: 99%
“…Performance pay is not a new concept. Legislators have implemented small-scale performance pay programs for teachers since the early 20th century in attempts to reward particularly effective teachers, but the difficulty of measuring teacher effectiveness prevented widespread adoption of performance pay for teachers (Taylor, Hunnicutt, & Keeffe, 1991). In recent years, though, interest in performance pay has resurfaced, in part because of efforts to increase student, teacher, and school accountability.…”
Section: Background and Relevancementioning
confidence: 99%
“…Research assessment stirs controversy in assessing the quality and impact of publications and the greater professional contribution of certain journals. 24 While overall faculty performance is the criterion guiding merit pay rewards, critics of merit pay plans have suggested that faculty research is disproportionately rewarded while teaching and service activities are not valued commensurate with scholarship. 25 In addition, concerns have been voiced that public university merit pay plans discriminate against specific faculty members.…”
Section: Economic Theoriesmentioning
confidence: 99%