Arbeitspapier
Profit sharing in Finland: Earnings and productivity effects
The aim of this paper is to examine profit sharing using Finnish linked employer-employee data in 1996-2000. The use of profit sharing is predicted by the share of the highly educated, R&D and capital intensity, business risk, firm size and the desire to have some stability in the skilled workforce. The probability that an employee is included in a profit sharing plan is higher for educated, R&D employees, white-collar employees and men. Individuals in profit sharing plans have 3-13% higher wages after controlling for the observable characteristics of the employees (3% for white-collar and 13% for blue-collar employees). They also have quicker base wage growth. The productivity effects are 6-13% when the composition of the workforce is controlled for.
- Sprache
-
Englisch
- Erschienen in
-
Series: ETLA Discussion Papers ; No. 817
- Klassifikation
-
Wirtschaft
Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions
Compensation Packages; Payment Methods
Labor-Management Relations; Industrial Jurisprudence
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
- Thema
-
compensation methods
wage differentials
productivity
linked employeremployee data
Lohndifferenzierung
Produktivität
Tarifliche Gewinnbeteiligung
Finnland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kauhanen, Antti
Piekkola, Hannu
- Ereignis
-
Veröffentlichung
- (wer)
-
The Research Institute of the Finnish Economy (ETLA)
- (wo)
-
Helsinki
- (wann)
-
2002
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Kauhanen, Antti
- Piekkola, Hannu
- The Research Institute of the Finnish Economy (ETLA)
Entstanden
- 2002