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

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

  • Arbeitspapier

Beteiligte

  • Bayo-Moriones, Alberto
  • Galdon-Sanchez, José Enrique
  • Martinez-de-Moretin, Sara
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2008

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