• Title/Summary/Keyword: Employment Increase

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Nominal Wage Rigidity and Employment Volatility (명목임금의 경직성과 고용변동성)

  • Hwang, Sanghyun;Lee, Jin-Young
    • Asia-Pacific Journal of Business
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    • v.10 no.4
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    • pp.137-151
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    • 2019
  • Using Korean Labor and Income Panel Study data, this paper estimates nominal wage rigidity in Korea by industry from 2005 to 2017 and evaluates the level of inefficiency of Korean labor market. And, after estimating employment volatility by industry using the Labor Force Survey at Establishments data for Korea, we combine the nominal wage rigidity and the employment volatility estimates and analyze the effect of nominal wage rigidity on employment volatility in Korea from 2011 to 2017. If the level of wage rigidity is high, it may be hard for the labor market to be in the equilibrium, and therefore, the market may have inefficiency. We find that the inefficiency of the labor market in Korea have increased from 2005 to 2017 and the industry of accommodation and food service activities has the highest level of inefficiency over the period. We also find that one-percent-point increase in wage rigidity increases employment volatility by 2.3-2.9 percent and the positive effect is bigger for workers with part-time and temporary jobs. The result implies that firms may adjust their labor costs by changing the number of casual workers, rather than permanent workers, when the labor market suffers from a high level of wage rigidity.

Impact of Internationalization of Manufacturing Industries on the Domestic Labor Market: The Japanese Manufacturing Industry (제조업의 국제화가 국내고용에 미치는 영향에 관한 연구 : 일본제조업 사례를 중심으로)

  • Koji, Yoshimoto;Bae, Il-Hyun
    • Journal of Distribution Science
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    • v.13 no.4
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    • pp.35-43
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    • 2015
  • Purpose - This study aims to seek various plans to maintain the advancement of the overseas and domestic employment scenario through a case analysis of the Japanese industry, which maintains domestic employment while promoting the overseas advancement of companies despite having a similar industrial structure as Korea. The study further intends to derive insightful implications for Japanese manufacturing companies and government policies. Research design, data, and methodology - We selected four companies from the Japanese manufacturing industry. Being companies that were successful in increasing the domestic employment scenario while advancing in overseas markets. We utilized several secondary data sources including Japanese newspapers and report literature. Results - Previous studies have shown a negative relationship between Foreign Direct Investment (FDI) or offshoring and domestic employment. However, our results showed this relationship with respect to the Japanese manufacturing industry as follows: 1. FDI for developing overseas markets does not decrease domestic production. If Japanese companies change their strategy from exports to overseas production, there will be a consequent decrease in domestic employment of Multinational Enterprises (MNEs). However, the local production that plans the sales expansion of a foreign market does not substitute domestic production. 2. Several case studies illustrate that, as the production of final goods is expanded in foreign countries, there is a corresponding increase in the export of intermediary goods from Japan. In this case, if the production process of Japanese companies is promoted in foreign markets, the amount of exported material and parts from Japan will consequently increase. 3. It is difficult to consider that the establishment of subsidiary companies in foreign countries by manufacturing companies for wholesale, retail, and services decreases domestic employment. This is because the international development of these industries needs expatriates, expatriate training organizations, and research and development (R&D) activities. 4. When there is overseas demand, the growth of local management activities is expected to increase the work of the overseas business department in the head office in Japan, if competitiveness can be secured for better localization and management speed. 5. The conversion of the domestic manufacturing industry into high value-added production is necessary. The relocation of domestic production to foreign markets decreases domestic employment. To prevent this, the upgradation of domestic production bases, including high value-added production, and R&D capability need to be strengthened. Technology-based companies must develop new technology, patents, processes, and so forth, which require extensive human resources for R&D. Conclusions - Domestic medium-sized companies that are capable of consistently supplying high value-added products should be actively encouraged to deploy into and develop overseas markets. Further, this paper considers the necessity of a guidance policy that provides suggestions for overseas deployment, by the initiation of the government, to companies that cannot do so due to the lack of foreign experience or decisions by the CEO, despite having the relevant capability and technologies to supply high value-added products.

The Effect of Non-regular and Female Employment Rate on Total Fertility Rate(TFR) in OECD Countries (비정규직 고용률과 여성 고용률이 출산율에 미치는 효과: OECD 국가를 중심으로)

  • Lee, Jaehee;Park, Jinbaek
    • The Journal of the Convergence on Culture Technology
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    • v.6 no.2
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    • pp.15-23
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    • 2020
  • This study aimed to analyze effects of non-regular employment rate and female employment rate on fertility rate in OECD county. We adopted dynamic panel model after classifying OECD county to high and low fertility rate. The results of analysis showed that the higher non regular employment rate, the lower female employment rate, and the lower economy growth rate decrease fertility rate especially in low fertility rate country. While, only the higher house rental decrease in high fertility country. This results indicate that low fertility country including Korea should improve a labor policy such as strengthening employment security and encouraging female employment to increase fertility rate.

A Study on Technological Innovation and Employment Performance from the Perspective of Process : Focused on Small and Medium Sized Enterprises (프로세스 관점에서의 기술혁신 및 고용성과에 관한 연구 : 중소기업을 중심으로)

  • Bong, Kang Ho;Park, Jaemin
    • Journal of Korea Technology Innovation Society
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    • v.21 no.4
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    • pp.1508-1535
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    • 2018
  • Employment in enterprises is a consecutive decision-making process based on the results of their innovative activities and it is necessary to consider this relationship as well explicitly in an analysis of the employment performance through technological innovation. Based on this critical mind, this study would analyze the structural relationships among enterprises' innovative activities, the performance of technological innovation, a compensation system and the creation of employment, reflecting the correlation of the process of the actual technology management performed simultaneously, utilizing the seemingly unrelated regression(SUR) model to estimate a simultaneous equation in addition to analyzing the relationship between technological innovation and the effect on employment with the ordered logit model to estimate a single equation as in the preceding studies. As a result of the analysis, a structural relationship could be found out, in which the execution of the compensation system would increase the performances of technical development and technology commercialization, which in turn, accelerates enterprises' employment. Especially, it is judged that enterprises' employment performance increases when technological innovation is managed from a process perspective in that the commercialization performance, as well as technical development, acts as a kind of hurdle in the effect on employment.

A study on the Educational Support Status of the Retired Military Personnel (제대군인의 전직지원교육 실태에 관한 연구)

  • Koo, Young Hui;Lee, Young Uk
    • Convergence Security Journal
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    • v.13 no.5
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    • pp.37-43
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    • 2013
  • Retired Military Personnel do not cause an increase in the employment rate of the overall society in the aftermath of the global economic crisis contributed to instability of employment was for many years the future employment of Retired will have an impact on the environment. Over the last 20 years working to improve Retired Military Personnel employment despite these results, it appears a former education support and related support policies deemed necessary and complementary Thus, the former domestic and foreign support education and development direction of the realities in the present investigation.

A Preliminary Exploration Study on the Survey Analysis about the Senior year students for the the Improvement of the Employment Rate (취업률 향상을 위한 졸업 학년 취업 대상 인원에 대한 탐색 연구)

  • Chang, Eun-Young
    • The Journal of Korean Institute for Practical Engineering Education
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    • v.4 no.2
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    • pp.122-128
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    • 2012
  • In this study, through the development of the Survey questions for employments to increase employment rates which has 2 items in 23 questions and the analysis of the questionnaire based on the response results of 289 senior students who are finding their jobs. It has the effect that providing basic data about employment preparatory stance and giving counseling, discussions and future directions. So there are carefully proposed desirable increasement plans of employment rates by considering the regional characteristics and reality.

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An empirical study on the significance of employment criteria in KORAIL (코레일 신규채용기준의 유의성에 관한 연구)

  • Yin, Tae-Myoung;Park, Soo-Myung
    • Proceedings of the KSR Conference
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    • 2009.05a
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    • pp.1914-1923
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    • 2009
  • KORAIL continuously drives practical reforms of change and originality both internally and externally for the purpose of adapting to rapidly changing circumstance and promote productivity of the organization. Various management strategies are needed to increase its productivity, yet the fist thing to be considered is to select talented human resources. A selection of the human resource should be conducted based on 3R(Right People, Right Place, Right Time). This study empirically analyzes through actual study how the method of new employment introduced on January 1, 2005 positively affects capability and productivity of each member of KORAIL. The area of this study is defined centering on the standard of new employment, capability of personnel, and productivity of the organization. Also, the improvement of new employment standard of KORAIL is suggested as significance of the standard was verified through survey of the standard, the capability and the productivity conducted to KORAIL working personnel.

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Investigation of Job satisfaction, Organizational commitment and Factors of continuing work life for Nano-convergence employees

  • Lee, Hongki;Myoung, Sungmin
    • Journal of the Korea Society of Computer and Information
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    • v.24 no.6
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    • pp.151-158
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    • 2019
  • In this paper, we analyzed the relationship between employment stability, wage level, welfare system, working condition, job satisfaction and organizational commitment in order to find out ways to develop and competitiveness of the nano-convergence industries. Through this study, we conducted the possibility of deriving organizational commitment by job satisfaction which is given through employment stability, wage level, welfare system, and working condition for continuing their work life. In order to find relationships between each concepts, we used a multiple regression analysis with job satisfaction and commitment as dependent variable and employment stability, wage level, welfare system, and working condition as independent variables. Through this study, it was expected to increase the organizational commitment through the job satisfaction of the employees if a changing method of employees management is centered on some tasks suggested for the sound working condition and efficient utilization policies.

Relationship between Employment Perception of the Disabled and Employment Satisfaction of the Disabled: The Mediating Effect of Employment Assistance for the Disabled and the Moderating Effect of Education and Training Support

  • Hyung-Hee, Kim;Chang-Suek, Choi;Yong-Seob, Kim
    • Journal of the Korea Society of Computer and Information
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    • v.28 no.2
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    • pp.161-170
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    • 2023
  • This study aims to verify the relationship between employer's perception of employment for the disabled and employment satisfaction, and the mediating effect of perception of employment assistance for the disabled and the moderating effect of education and training support. For the purpose of this study, 4,332 companies were reorganized among the data of the 2021 Survey on Employment of Persons with Disabilities conducted by the Korea Employment Agency for the Disabled. Data analysis used SPSS 23.0 and AMOS 23.0, and structural equation model analysis was performed to understand the relationship between variables. As a result of the study, there was a significant influence between employer's perception of employment for the disabled and employment satisfaction, and the partial mediating effect of employment company contribution was confirmed. In addition, it was found that there was a moderating effect according to the presence or absence of education and training support. Through the results of this study, it is significant that factors that can affect environmental composition were considered in various ways to increase the employment rate of the disabled, and based on these results, implications for increasing the employment rate of the disabled were presented.

The Effects of Energy Price Increase on Automobile Industry (에너지가격 상승이 자동차산업에 미치는 영향)

  • Kim, Younduk;Han, Hyun-Ok
    • Journal of Environmental Policy
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    • v.11 no.3
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    • pp.97-122
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    • 2012
  • This article analyzes the effects of energy price increase induced by GHGs mitigation policy on automobile industry empirically. An increase in energy price due to GHGs mitigation policy does not have a significant effect on the production and the value-added in automobile industry. Electricity price has a negative effect on the production and the value-added in automobile industry, but it is not significant. However, employment is significantly affected by a change in electricity price. Export is also affected negatively, but the effect is insignificant. These results imply that GHGs mitigation policy such as carbon tax might affect adversely the employment in automobile industry. Especially, their effects on employment are significant. Therefore, some moderating measures to relieve the adverse effects on employment in automobile industry should be called upon with the implementation of GHGs mitigation policy.

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