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LIMS_DOCUMENTATION
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RAHUL KUMAR
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The aim of this paper is to dicriminate between alternative compensation policies in Finnish industries using linked employer-employee data covering the period 1987–1992. Our results suggest that earnings equations should have a firm effect with a firm-specific intercept and seniority effect. There is also a strong association of firm-level compensation to education, in contrast to weak correlation to other human capital components such as general experience. Experience payments from initial tenure, and also from general experience, are increasing with educational level. We also examine the efficiency of the compensation policies on the basis of their impact on labor and total factor productivity. We find seniority compensations in general efficient. This holds particularly for the middle educated.
Experience and Productivity in Wage Formation in Finnish Industries
Experience and Productivity in Wage Formation in Finnish Industries
Palkansaajien tutkimuslaitos
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LIMS_DOCUMENTATION
LIMS_DOCUMENTATION
RAHUL KUMAR
Lorito
Lorito
capri_6969
The aim of this paper is to dicriminate between alternative compensation policies in Finnish industries using linked employer-employee data covering the period 1987–1992. Our results suggest that earnings equations should have a firm effect with a firm-specific intercept and seniority effect. There is also a strong association of firm-level compensation to education, in contrast to weak correlation to other human capital components such as general experience. Experience payments from initial tenure, and also from general experience, are increasing with educational level. We also examine the efficiency of the compensation policies on the basis of their impact on labor and total factor productivity. We find seniority compensations in general efficient. This holds particularly for the middle educated.
Experience and Productivity in Wage Formation in Finnish Industries
Experience and Productivity in Wage Formation in Finnish Industries
Palkansaajien tutkimuslaitos
Blab Slides
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Nadeem Ahmad
I have provide this slide. hope it will helpful for online user or marketer
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CorySmith25
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