Arbeitspapier
What are the factors behind pay settlements? Evidence from Spanish and British data
This article presents a study of the determinants of pay settlements in a sample of Spanish and British establishments. We find that variables such as establishment size and age, foreign ownership, labour costs, the existence of internal labour markets, a strategic approach to human resource management and pay setting institutions are related to the factors that shape pay adjustments. Moreover, our findings show that there are significant differences in the determinants of pay settlements between Spain and Great Britain. We suggest that the labour market institutions developed in each country influence pay setting decisions.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 3401
- Klassifikation
-
Wirtschaft
Wages, Compensation, and Labor Costs: General
- Thema
-
Compensation systems
labor market institutions
wage settlements
establishment level data
Vergütungssystem
Lohnpolitik
Unternehmen
Panel
Arbeitsmarktflexibilisierung
Vergleich
Großbritannien
Spanien
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bayo-Moriones, Alberto
Galdon-Sanchez, José Enrique
Martinez-de-Moretin, Sara
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2008
- Handle
- URN
-
urn:nbn:de:101:1-2008032034
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Bayo-Moriones, Alberto
- Galdon-Sanchez, José Enrique
- Martinez-de-Moretin, Sara
- Institute for the Study of Labor (IZA)
Entstanden
- 2008