Artikel

The impact of financial participation on workers' compensation

We investigate the impact of financial participation (profit-sharing and share ownership) on workers' total compensation. Some workers' representatives have argued against the introduction of profit-sharing because they fear that profit-sharing would be a way for firms to reduce the marginal cost of hiring workers, while at the same time transferring some of the risk of variable profits from firms to workers. We find that workers in plants which operate financial participation schemes earn significantly more: 25% in the case of profit-sharing and 18% in the case of share ownership. However, econometric models which deal with selection by plants and workers into profit-sharing schemes suggest that the effect on total compensation is much smaller: between 4% (from a difference-in-differences regression) and 2.5% (from a comparison of matched pairs). We find no evidence that high-skilled white-collar workers benefit more strongly from profit-sharing schemes.

Sprache
Englisch

Erschienen in
Journal: Zeitschrift für ArbeitsmarktForschung - Journal for Labour Market Research ; ISSN: 2510-5027 ; Volume: 43 ; Year: 2010 ; Issue: 1 ; Pages: 72-89 ; Heidelberg: Springer

Klassifikation
Wirtschaft
Compensation Packages; Payment Methods
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Thema
Lohnhöhe
IAB-Betriebspanel
Gewinnbeteiligung
Kapitalbeteiligung
Qualifikationsniveau

Ereignis
Geistige Schöpfung
(wer)
Andrews, Martyn
Bellmann, Lutz
Schank, Thorsten
Upward, Richard
Ereignis
Veröffentlichung
(wer)
Springer
(wo)
Heidelberg
(wann)
2010

DOI
doi:10.1007/s12651-010-0032-8
Handle
Letzte Aktualisierung
20.09.2024, 08:22 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Andrews, Martyn
  • Bellmann, Lutz
  • Schank, Thorsten
  • Upward, Richard
  • Springer

Entstanden

  • 2010

Ähnliche Objekte (12)