• Title/Summary/Keyword: Occupational Wage Structure Survey

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Performance Based Pay and Pay Dispersion within Firm: The Korean case (한국기업의 연봉제가 기업내 임금격차에 미치는 영향에 대한 연구)

  • Kim, Jae Gu;Kim, Dong-Bae
    • Journal of Labour Economics
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    • v.34 no.2
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    • pp.29-52
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    • 2011
  • Using occupational wage structure survey(1996-2006) by Korean ministry of employment and labor, we explored the effect of performance based pay on the pay dispersion within firm. Pay dispersion is defined as the within-firm variance of wage residuals after controlling the individual characteristics in the labor market. The results show that introduction of performance-based pay system increases the level of pay dispersion significantly. However, The relationship of employees' ratio who receive performance-based pay and the level of pay dispersion is an inverted U-shaped($\bigcap$).

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The Evaluation of Youth Overeducation and its Impact on the Wage System in Korea (청년층 학력과잉이 임금에 미치는 영향에 대한 분석 - 경제위기 전·후를 중심으로 -)

  • Park, Sung-Joon;Hwang, Sang-In
    • Journal of Labour Economics
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    • v.28 no.3
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    • pp.141-166
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    • 2005
  • The purpose of this study is to evaluate the status of youth overeducation and to analyze the impact on the wage system, before and after the financial crisis. In this study, we adapt the following method; first, we investigate the year 1996 (before financial crisis) and year 2000 (after financial crisis) data from "the Survey Report on the Wage structure", based on the data from "the Occupational Dictionary" by occupation group. So we could evaluate the difference between the youth over-educational status, before and after financial crisis. Second, we analyze the reason why the difference occurs, with financial crisis dummy variable and other variables such as sex, occupation, industry. Third, we try to find the difference between the impact of the overeducation on the wage rate, before and after financial crisis. The main findings are as follows; first, the degree of overeducation in year 2000 is more than in year 1996. So the financial crisis plays the important role in deepening the degree of overeducation. Second, the wage rate of the overeducated worker is higher than that of the required-educated worker. Also, the both wage rates are increased after financial crisis. However, the difference of both wage rates' has declined over the financial crisis. Such a finding means that even though the both wage rates of the overeducated and the required-educated worker are increased, the wage rate of the required-educated worker has increased much more than that of overeducated worker, after the financial crisis.

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A Questionnaire Survey and Analysis Results for the Education System of Maritime College in K.M.U (한국해양대학교 해사대학 해기교육시스템에 대한 학생 설문조사 및 결과분석)

  • Moon Serng-Bae;Choi Hyun-Kue
    • Journal of Navigation and Port Research
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    • v.30 no.5 s.111
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    • pp.381-387
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    • 2006
  • Recently maritime colleges in Korea have confronted with many difficulties on account of changes of educational circumstance such as increasing the number of low-wage foreign officers on board Korea-registered vessels, weakening international competitive power, avoiding reaction in the field of 3D occupational category etc. Therefore, We are drawing up a efficient educational system cultivating the well-trained marine officers who will take a more active role in the ear of 21C marine revolution The questionnaire was composed of 5 courses-entrance into a school, classwork, campus life, on-board training, choosing occupations and conducted the questionnaire survey of students in Maritime College in Korea Maritime University. And the analysis was carried out to understand the changes of student's consciousness structure and find out the problems of current maritime education system.

Attributes of a 'Good Job': Construct Formation and Validation in South Korea

  • Kim, Sang-Wook;Phang, Ha-Nam
    • Korea journal of population studies
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    • v.30 no.2
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    • pp.117-146
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    • 2007
  • The research reported in this paper suggests an index of a 'good job' and validates it in several different ways. Not much is known yet, it is emphasized, about what the defining characteristics of a good job are and what the causes and major consequences are resulting from the attainment of such job. This is not merely because relatively little attention has been paid to construct a usable index, but also because a few studies, if any, were often plagued with several limitations, some theoretical and other analytical. As a consequence, fragmented speculations and research findings tended to flourish in the shortage of an overarching conceptualization and rigorous empirical assessment. In particular, a comprehensive index that encompasses a few critical job characteristics based on some solid theoretical underpinnings was in thirsty want. To relieve this want, the current study tries to formulate such index and validate it. A covariance structure analysis of representative national sample survey (Korean General Social Survey) data in South Korea indicates that wage, occupational prestige, authority and job security are the defining characteristics of a good job and that the index consisting of these characteristics is generally valid with respect to its constituent attributes, antecedents and a consequence, thereby supporting its discriminant-convergent and construct validities. The findings are interpreted with providing a few substantive implications stemming from them.