Grants and Contributions:
Title:
Incentive aligned worker remuneration policy
Agreement Number:
EGP
Agreement Value:
$25,000.00
Agreement Date:
Mar 7, 2018 -
Organization:
Natural Sciences and Engineering Research Council of Canada
Location:
Ontario, CA
Reference Number:
GC-2017-Q4-00476
Agreement Type:
Grant
Report Type:
Grants and Contributions
Additional Information:
Grant or Award spanning more than one fiscal year (2017-2018 to 2018-2019).
Recipient's Legal Name:
Dimitrov, Stanko (University of Waterloo)
Program:
Engage Grants for universities
Program Purpose:
Workplace bonuses are commonplace in firms today. However, sometimes bonuses are not aligned with thex000D
firm, meaning what is best for the worker is not necessarily best for the firm. In this research proposal we teamx000D
up with our industry partner to determine optimal bonus/incentive schemes for the firm so as to maximizex000D
worker effort and firm profit, while maintaining worker happiness and keeping all incentives aligned. Thex000D
expected results of this study are more productive employees, better compensated for their work, and a morex000D
profitable firm.