The study looks at how companies can design fair pay contracts for employees who can save money. The best contract includes: 1) keeping pay stable even when things go wrong; 2) giving raises for good work in the past; and 3) providing a severance package if an employee is fired for poor performance. This means that unusual pay structures can actually be the best choice in real-world situations. The researchers also considered other factors like what options employees have outside of their job and how to make sure contracts can't be changed later.