• Title/Summary/Keyword: Market Wage

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A Study on the application of unemployment insurance of flextime system worker (플렉스 타임제(Flextime system) 근로자의 고용보험적용에 관한 연구)

  • Yim Woong-Seok;Kim Hyoung-Joon
    • Journal of the Korea Safety Management & Science
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    • v.8 no.1
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    • pp.165-179
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    • 2006
  • Flextime system labor problem appeared by social issue going through a late 97s economic crisis. The most important thing among gravity is that act for factor who do to magnify gulf between rich and poor because do so that may polarize labor market at central part and neighborhood and makes preservation of society integration hardly social economy enemy of flextime system worker's spread. Furthermore, new economy surrounding has attribute that deepen uncertainty social bipolarization according as order by 21th century information-oriented society, globalization, knowledge base economy. Therefore, role of the country that control spread of flextime system in fixed level is more important first of all and application of employment insurance may do that have important meaning and social deliquescence.

Employment Effects of Delayed Mandatory Retirement (정년 연장의 고용효과)

  • Kim, Dae Il
    • Journal of Labour Economics
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    • v.44 no.2
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    • pp.1-31
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    • 2021
  • This paper estimates the employment effects among 55~59 years old men of delayed mandatory retirement act between 2016 and 2019. Although the positive employment effects appear to have reclined during the period, they have remained non-trivial and may have encroached youth employment. The results suggest that wages should be flexibly adjusted in the market so that labor demand can sufficiently expand to accommodate the increased labor supply among the old without hurting the young.

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Impact of Vocational Training on Wages of Ethnic Minority Labors in Vietnam

  • DO, Ha Thi Hai;MAI, Cuong Ngoc;MAI, Anh Ngoc;NGUYEN, Nui Dang;PHAM, Toan Ngoc;LE, Huong Thi Thu;TRAN, Manh Dung;VU, Tri Tuan
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.6
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    • pp.551-560
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    • 2020
  • This research investigates the impact of vocational training on wages of ethnic minority labors in emerging countries; Vietnam is the case study. The study uses secondary data from 2014 to 2018 collected through Vietnam Household Living Standards Surveys (VHLSS) conducted by the General Statistics Office. In order to analyze the impact of vocational training on wages of ethnic minority areas in Vietnam, this research creates ethnic area variables. According to Vietnamese regulations, ethnic areas are communes of 51 different provinces, inhabited by ethnic minority people. The statistics from VHLSS in 2018, show that the proportion of labors of working age with a certificate was 22.5%. The research employs Heckman Sample Selection Model to estimate the impact of vocation training on wage of labors in ethnic minority areas. The results show that vocational training plays a crucial role in improving the wages of ethnic minorities and has a positive impact. However, apart from the achieved outcomes, vocational training and job creation for ethnic minorities are not without limitations and shortcomings. Based on the findings, some recommendations to ethnic minority labors, enterprises and the Government are proposed to encourage participation in vocational training for the purpose of promoting the efficiency of the labor market.

College Students' Delayed Graduation and Employment Achievement : Focusing on the Effects of Employment-Oriented Delay on the Employment Outcomes (대학생의 졸업연기 유형과 취업성과 : 취업목적 휴학의 효과를 중심으로)

  • Pyoun, Jin-Sook
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.18 no.6
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    • pp.228-236
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    • 2017
  • This study examined the effects of college students' voluntary delayed graduation for employment preparation on their employment outcomes. For this purpose, the data were obtained from the 2014 Graduates Occupational Mobility Survey(GOMS). First, the study analyzed the effects of college students' voluntary delayed graduation for employment preparation on their employment status. Second, the study investigated the effect of college students' voluntary delayed graduation for employment preparation on the wage of their first job. The results showed that students who experienced leave for employment preparation were more likely than others to be employed. In addition, those students who delayed their graduation for employment were more likely than others to earn higher wages on their first job. From these findings, this research shows that firms should present specific criteria of recruitment for job applicants. In addition, the colleges should enhance the short term program for work experience during higher education. Finally, the government should intervene in dual labor market to reduce the inequality and decrease the college students' anxiety about their first-job.

Job Mobility of the University Graduates Youth In Korea (대졸 청년층의 노동이동 분석 - 인문사회계와 이공계 졸업자를 중심으로 -)

  • Kim, Ahn-Kook
    • Journal of Labour Economics
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    • v.28 no.3
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    • pp.39-76
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    • 2005
  • This study examines the job changes of the youth university graduates in Korea. The pattern of job changes get observed in the Unemployment Insurance Database. This data enables us tracing all job changes in the labor market. The average number of job youth graduates have for four years from graduate is 1.68. The more jobs youth have, the longer total tenure youth have. Youth are much more likely to change careers to different occupation or industry. They move usually into upper occupations but small establishments. They enhance the level of wage through job changes. The science and engineering graduates are more likely to change jobs than the humanity and social science graduates. The higher the level of wage they get is, the lower the probability of their job change is. Those who have good scores in Scholastic Aptitude Test are less likely to change job.

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An Empirical Study on the Modeling Determinants and Effects of Korean FDI - Focused on six Country of East Asia - (기업의 해외직접투자 모형설정에 관한 실증 연구 - 동아시아 6개국 중심 -)

  • Lee, Eung-Kweon
    • International Commerce and Information Review
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    • v.11 no.2
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    • pp.343-367
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    • 2009
  • This research is about global investment for managing the important position, what Korea is doing in World's main market. Considering there are some differences between developed countries' model and developing countries' model in doing direct overseas investment, they target to get political agreement and develop the new invest plan and strategy by understanding changes of Korean manufacturing companies in direct overseas investment between 2000 and 2007 and analyzing the change of yearly investment motivation factors and determining factors for investment. The result from this result let us know that company should develop their own idea for their competitive advantage by doing direct overseas investment with the existing theory which convinces the need of competitive advantage for investing overseas. I set actual model and analyze results from it with the considering that it is so important to get knowledge and information for globalizing companies to invest overseas and companies, which want to be world leading ones for their field through innovation and changes, need to have more active strategy. And, the overseas investment, which was already done in other countries, 1. Review its realities and tendency in terms of investing countries, investing industries, and its scale. 2. Set up an actual model, based on strategic combination of investing location select and determination of Korean manufacturing companies and yearly investing factor-effect analysis. 3. Analyze how the situational factors have influenced and what factors would be considered for direct overseas investment. From the analyzing result, even though it is fairly true that raising wage and getting resources, avoiding customs, and developing alternating industries for export had influenced at the beginning, overseas investing companies' policy will be influenced by the results from studying marketing-pursuit type, which emphasizes to manage trade income and outgo, keeping the balance in the black, ensuring raw materials, local producing and manufacturing by using low-wage people for local sale, and situation for changing investing tendency as service industry.

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Voluntary Choice of Part-time Work and Job Satisfaction (시간제근로에서 자발성과 일자리 만족)

  • Sung, Jaimie;Ahn, Joyup
    • Journal of Labour Economics
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    • v.30 no.1
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    • pp.109-137
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    • 2007
  • One of the key features of the Korean labor market is that, even though the central axis of employment has shifted from manufacturing sector to service sector, the ratio of part-time work is very low. Its major reasons are low wage rate, insufficient fringe benefits including social insurance, and deficient job security, even though part-time work has positive characteristics. This study examines whether part-time work would be a decent one and an alternative to full-time work by answering two questions: one is who chooses part-time work and another is whether part-time work is satisfactory. Analyses of 3,971 wage workers in the 8th wave of the Korea Labor and Income Panel Survey reveal that, as expected, part-time work is prevalent among the young, married women, and the old supporting the results from previous studies and that choosing part-time work on one's initiatives has a significant positive effect on job satisfaction for women while it is not for men. Form the result, it can be concluded that part-time work can be an appropriate alternative for full-time work if one chooses it voluntarily.

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Manning Structure and Working Conditions of British Merchant Seamen during the 18th Century (18세기 영국 상선 선원의 기승 구조와 근로 요건)

  • Kim, Sung-June
    • Journal of Navigation and Port Research
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    • v.26 no.1
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    • pp.55-65
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    • 2002
  • The eighteenth century in Great Britain was the period of transformation, Great Britain externally experienced several wars intermittently mid internally transformed into the industrial country in the course of the 18th century. British shipowners were faced with short of seamen mainly due to several wars and expansion of shipping tonnage British shipowners tried to solve the mooing problem by decreasing the number of seamen from 22-23 sailors per ship of 100 tonnage in 1710's to 5 in 1810 and increasing seamen's wage from shillings per common seaman per month in the 17th century to 25 shillings in the middle of the 18th century and equation omitted during the French Revolutionary and Napoleonic Wars. What caused and resulted by specialized shipowners to cope with changeable market situation with flexibility was decrease of the number of seamen per ship and increase of wage.

Problems in methodology for estimating cost of milk production and its improvement (우유생산비 조사 및 계산상의 문제점과 합리화방안 연구)

  • Chun, Ryong;Seo, Seong-Won;Park, Jong-Soo
    • Korean Journal of Agricultural Science
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    • v.39 no.2
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    • pp.227-242
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    • 2012
  • Accurate estimation of milk production cost is very important for dairy farmers in establishing strategies for business management (e.g. planning a program for milk production, deciding the size of business and investment, determining the milk price for sale). Since the estimated cost of milk production is used as an important index to determine the basal price of milk in Korea, there has been much interest and debate on the method used to estimate milk production cost among the stakeholder. This study was thus carried out to identify problems in the current methodology for estimating cost of milk production, and to find a better way to improve it. We propose several alternatives and better ways to improve the current method for estimating cost of milk production. Estimation of the income and cost per head should be based on the number of cattle converted to grown cows. Cost estimation per liter of milk should be made for both whole milk and 3.4% milk fat corrected milk. The value of purchased cows and raised replacement heifers should be the same as their market value. The productive life span of cows should be less 4 years, and the terminal or salvage value of cows needs to be 30 to 40% less than her initial value. When calculating depreciation of cows over the productive life span, however, the salvage value should be 0 or 1 Korean won. On calculating labor costs, the farm labor wage corresponding to the average wage of nonfarm industrial workers should be assumed. Beside of these, better estimation procedures for other items are also given. The proposed methods from this study should improve the accuracy of estimation of milk production cost and help to achieve consensus among the stakeholder.

Exploring Job Changes for Disabled Workers Due to COVID-19 (COVID-19 사태로 인한 장애근로자의 일자리 변화 탐색)

  • Kang, Young Sook;Kim, Byung Chul
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.16 no.5
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    • pp.177-187
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    • 2021
  • This study was conducted for the purpose of exploring the experiences of workers with disabilities on job change according to the COVID-19 situation. To this end, the data from the 2020 survey on economic activity for the disabled and data from the National Statistical Office were used, and the analysis was conducted using a literature study method. The results were as follows. First, COVID-19 had caused a change in the working pattern of wage workers with disabilities. Second, the degree of employment security for the disabled had deteriorated after COVID-19. Third, non-wage workers were experiencing difficulties in business operation due to COVID-19. Fourth, it had affected the resignation due to COVID-19. Fifth, there were difficulties in finding a job due to COVID-19. Through this, it was found that the economic activities of the disabled were being greatly restricted due to COVID-19. Accordingly, a proposal for a solution was made. This study is meaningful in that it explored the instability of the domestic disabled people's labor market due to COVID-19 based on data.