An Econometric Empirical Analysis of the Wage Characteristics of Managerial Performance Bonuses
Economic Considerations on the Wage Nature of Managerial Performance Bonuses
GPT Abstract Summary
This study analyzed whether managerial performance bonuses are recognized as labor costs in firms' employment decisions using panel survey data of enterprises. The presence or payment of performance bonuses showed no significant relationship with overall employment or employment excluding executives, and a partial positive relationship was confirmed only in regular employment. The results of analyses on non-regular workers and large-scale business establishments were also consistent, suggesting that managerial performance bonuses are more likely utilized as a means of maintaining and managing regular employees rather than as labor costs. This study provides empirical evidence regarding the wage characteristics of managerial performance bonuses.
Key Points
- No significant correlation between managerial performance bonus payments and overall or executive-excluded employment scale
- Partial positive relationship confirmed between managerial performance bonuses and regular employee employment
- Consistent results found in analyses of non-regular workers and establishments with 300 or more employees
Scope and Limitations of the Summary
This English translation is based on a Korean summary generated from the source abstract. It is not a review of the full paper. Consult the original for detailed methods, figures and the scope of the conclusions.
This summary is based on the abstract of the paper and does not include detailed research methodologies, additional analysis results, or theoretical backgrounds.
This summary does not represent the official views of Professor Haksoo Ko or the Center for Law & Economics at Seoul National University.
Summary Basis: Original Abstract · Model: gpt-4.1-mini · Generated: 2026. 10. 02. 01:59 (Korean Standard Time)