Economic rewards in academia: analysis of empirical literature on merit pay in universities in seven countries

Authors

  • Mónica Patricia Bonifaz Chirinos Pontificia Universidad Católica del Perú

    Con Maestría en Ciencias en Gestión de la Información por la Universidad de Sheffield en Inglaterra. Diplomada en Finanzas de Centrum Católica y estudios de Especialización para Decanos en Gestión Universitaria en la Universidad de Saarbrücken en Alemania y Universidad de Alicante en España. Expresidenta de la Comisión de Gobierno de la Facultad de Gestión y Alta Dirección de la Pontificia Universidad Católica del Perú, directora de Educación Continua en la misma universidad.

DOI:

https://doi.org/10.18800/educacion.201801.001

Keywords:

Economic incentives, teacher salary, higher education, university administration, university organization

Abstract

The article presents a selective review of the literature that exposes and analyzes the results of ten empirical studies on the consequences of the application of economic incentives in academia in a context of global transformation of the university. The first part presents a brief description of incentive systems known as merit pay plans, their main characteristics and the objectives of their implementation. The second part presents the main research findings developed in the USA, Germany, Australia, Estonia, Pakistan, Argentina and Mexico, and the reported effects on productivity, motivation and teacher satisfaction. Concludes with the discussion of critical aspects in the implementation and evaluation of merit-based payment systems.

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References

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Published

2018-05-09

How to Cite

Bonifaz Chirinos, M. P. (2018). Economic rewards in academia: analysis of empirical literature on merit pay in universities in seven countries. Educacion, 27(52), 7–25. https://doi.org/10.18800/educacion.201801.001

Issue

Vol. 27 No. 52 (2018)

Section

Artículos

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Copyright (c) 2018 Educación

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