Is a Higher Calling Enough? Incentive Compensation in the Church (CRI 2009-011)

dc.contributor.author	Hartzell, Jay C.
dc.contributor.author	Parsons, Christopher A.
dc.contributor.author	Yermack, David L.
dc.date.accessioned	2020-11-12T19:47:58Z
dc.date.available	2020-11-12T19:47:58Z
dc.date.issued	2009-11-11
dc.description.abstract	We study the compensation and productivity of more than 2,000 Methodist ministers in a 43-year panel data set. The church appears to use pay-for-performance incentives for its clergy, as their compensation follows a sharing rule by which pastors receive approximately 3% of the incremental revenue from membership increases. Ministers receive the strongest rewards for attracting new parishioners who switch from other congregations within their denomination. Monetary incentives are weaker in settings where ministers have less control over their measured performance.
dc.description.legacydownloads	cri_2009_011.pdf: 1209 downloads, before Oct. 1, 2020.
dc.identifier.other	1041183
dc.identifier.uri	https://hdl.handle.net/1813/73197
dc.language.iso	en_US
dc.subject	compensation
dc.subject	productivity
dc.subject	Methodist
dc.subject	ministers
dc.subject	incentives
dc.subject	pay-for-performance
dc.subject	church
dc.title	Is a Higher Calling Enough? Incentive Compensation in the Church (CRI 2009-011)
dc.type	preprint
local.authorAffiliation	Hartzell, Jay C.: University of Texas at Austin
local.authorAffiliation	Parsons, Christopher A.: University of North Carolina at Chapel Hill
local.authorAffiliation	Yermack, David L.: New York University

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