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

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

  • Kauhanen, Antti
  • Piekkola, Hannu
  • The Research Institute of the Finnish Economy (ETLA)

Entstanden

  • 2002

Ähnliche Objekte (12)