Pierce’s research focuses on economic and psychological factors that impact both productivity and misconduct, and the organizational solutions to jointly address these effects. He teaches strategy, management, business ethics in the MBA, undergraduate and executive MBA programs at Olin Business School, serving as the director for Olin academic programs at the Brookings Institution in Washington, D.C..
Researchers from Olin Business School studied self-managed teams, and found that they tend to create pay inequality. Women “consistently receive bargaining outcomes below their productivity level, while men are consistently overcompensated,” the researchers wrote.
In the first big-data study combining objective medical and compensation records with demographics, researchers at Washington University in St. Louis and Aarhus University in Denmark discovered once a company switches to a pay-for-performance process, the number of employees using anxiety and depression medication increased by 5.7 percent over an existing base rate of 5.2 percent.
Nearly 90 percent of companies in the United States use some form of employee wellness program – from gym memberships to health screenings to flu shots – all designed to improve health. A study currently under review and co-authored by a faculty member at Washington University in St. Louis empirically tested how these programs affect worker productivity. The research paired individual medical data from employees taking part in a work-based wellness program to their productivity rates over time.
On May 6, President Barack Obama introduced executive reforms designed to eliminate loopholes that allow foreigners to conceal tax fraud and evasion in the United States. Olin Business School’s Lamar Pierce said the move is an effort to show U.S. global partners that it is ready to practice what it preaches when it comes to curbing shadowy financial transactions.