Public Policy and Saving for Retirement: The 'Autosave' Features of the Pension Protection Act of 2006

John  Beshears; James J. Choi; David  Laibson; Brigitte C. Madrian; Brian  Weller

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Chapter | Better Living through Economics | 2010

Public Policy and Saving for Retirement: The 'Autosave' Features of the Pension Protection Act of 2006

by John Beshears, James J. Choi, David Laibson, Brigitte C. Madrian and Brian Weller

Format: Print

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Citation:

Beshears, John, James J. Choi, David Laibson, Brigitte C. Madrian, and Brian Weller. "Public Policy and Saving for Retirement: The 'Autosave' Features of the Pension Protection Act of 2006." In Better Living through Economics, edited by John J. Siegfried, 274–290. Cambridge: Harvard University Press, 2010.

About the Author

John Beshears

Terrie F. and Bradley M. Bloom Associate Professor of Business Administration

Negotiation, Organizations & Markets

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Case | HBS Case Collection | March 2018

Nudging Hand Hygiene Compliance at the Brigham and Women's Hospital

John Beshears, Michael Luca, Alister Martin and Simin Gharib Lee

Citation:
Beshears, John, Michael Luca, Alister Martin, and Simin Gharib Lee. "Nudging Hand Hygiene Compliance at the Brigham and Women's Hospital." Harvard Business School Case 918-035, March 2018. View Details

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Teaching Note | HBS Case Collection | March 2018

GiveDirectly

Joshua Schwartzstein and John Beshears

Teaching Note for HBS No. 918-036.

Citation:
Schwartzstein, Joshua, and John Beshears. "GiveDirectly." Harvard Business School Teaching Note 918-040, March 2018. View Details

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Case | HBS Case Collection | March 2018

GiveDirectly

John Beshears, Joshua Schwartzstein, Tiffany Y. Chang and Brian J. Hall

How should nonprofits design compensation systems to attract and retain talent? GiveDirectly is a respected charitable organization with an unconventional approach. Instead of spending on traditional aid programs in areas such as health care and food access in developing countries, GiveDirectly transfers cash directly to the poor. As experiments have shown this approach to be an effective and efficient way to improve recipients’ life satisfaction, the organization has attracted considerable attention among donors and the media. Now, GiveDirectly is looking to grow, and it is contemplating how best to recruit talented employees and keep them motivated. In addition to offering salaries competitive with the private sector, GiveDirectly is considering linking employee compensation to organizational goals regarding the amount of cash transferred—an unusual strategy for a nonprofit.

Keywords: nonprofits; charity; effective altruism; international aid; compensation; goals; bonuses; incentives; GiveDirectly; Compensation and Benefits; Motivation and Incentives; Goals and Objectives; Recruitment; Philanthropy and Charitable Giving;

Citation:
Beshears, John, Joshua Schwartzstein, Tiffany Y. Chang, and Brian J. Hall. "GiveDirectly." Harvard Business School Case 918-036, March 2018. View Details

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Public Policy and Saving for Retirement: The 'Autosave' Features of the Pension Protection Act of 2006

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