The Wage Policy of Firms: Comparative Evidence for the U.S. and Germany from Personnel Data

Arbeitspapier

The wage policy of a German and a U.S. firm is comparatively analysed with a focus on the relation between wages and hierarchies. While prior studies examine only one particular firm, in this paper two plants of the same owners with similar production processes in different institutional environments are inspected. Convex wage profiles over the hierarchy levels of both plants are found. The U.S. plant shows considerably higher intensity of intra-firm competition in terms of higher intra-level wage inequality and yearly promotion rate. In contrast, wages are more distinctly attached to hierarchy levels in the German firm, as wage regressions show. The results are discussed in comparison to prior studies.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Bonn Econ Discussion Papers ; No. 30/2002

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Personnel Economics: Compensation and Compensation Methods and Their Effects ; Personnel Management; Executives; Executive Compensation ; Wage Level and Structure; Wage Differentials
• Thema: Hierarchies ; Intra-firm wages ; Personnel records ; Lohnstruktur ; Vergütungssystem ; Erwerbsverlauf ; Hierarchie ; Vergleich ; Schätzung ; Deutschland ; Vereinigte Staaten

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Grund, Christian
• Ereignis: Veröffentlichung
• (wer): University of Bonn, Bonn Graduate School of Economics (BGSE)
• (wo): Bonn
• (wann): 2002

Weitere Informationen

• Handle: http://hdl.handle.net/10419/22851
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ