• 제목/요약/키워드: wage distribution

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임금과 인사고과 : 대기업 인사데이터를 활용한 실증분석 (Wage and Performance Rating : New Evidence from Personnel Data of a Korean Large Firm)

  • 엄동욱
    • 노동경제논집
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    • 제31권3호
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    • pp.47-74
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    • 2008
  • 본 연구는 임금과 생산성의 관계에 대한 선행 연구에서 근호자의 생산성 지표로서 인사고과 정보를 활용한 Medoff and Abraham과 Flabbi and Ichino의 연구를 한국 대기업의 인사데이터(2000년, 제조업 근로자)에 적용하여 재현하였다. 임금함수의 OLS 추정과 임금 및 인사고과 분포를 활용한 다항로짓함수 추정을 통해 분석한 결과, 근로자 개인의 생산성을 통제한다고 하더라도 연공임금은 계속 나타났다. 이는 선행연구와 동일하게 연공임금을 설명함에 있어 인적자본 이론보다는 인센티브 이론이 더 적절하다는 것을 시사한다.

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Determinants of Income Diversification among Rural Households in the Mekong River Delta: The Economic Transition Period

  • LE, Long Hau;LE, Tan Nghiem
    • The Journal of Asian Finance, Economics and Business
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    • 제7권5호
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    • pp.291-304
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    • 2020
  • This paper examines the factors that drive temporal income diversification in rural areas of the Mekong River Delta in Vietnam, based on a framework that conceptualized diversification as a function of a household's capacity to diversify and incentives (both push and pull factors) to diversify. Drawing from five rounds of the Vietnam Living Standard Measurement Surveys covering a 13-year span (1993-2006), two panel datasets made from five cross-sectional samples are used for the analyses. The data are drawn from the Vietnam General Statistics Office. Both tobit model and Ordinary Least Squares model with random and fixed effects are applied. The main points emerging from the analysis is that income diversification is strongly influenced by household labor capacity. The relationship between household labor capacity and increasing insertion in non-farming wage activities is not driven by unobserved time-invariant factors such as household ability and motivation, but is instead driven by the higher labor capacity of households. In terms of the other household capacity variables, the effect of farm size is much larger in terms of retaining households in traditional occupations as compared to pushing them towards non-farm wage employment. Other variables such as household access to financial capital do not play an important role.

Gender Wage Gap in Rural Labour Markets: An Empirical Study of North East India

  • SINGH, Salam Prakash;NINGTHOUJAM, Yaiphaba
    • The Journal of Asian Finance, Economics and Business
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    • 제9권6호
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    • pp.151-158
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    • 2022
  • Even after three decades of economic reforms, India's labor market is characterized by stark inter-gender differences in terms of both participation rate and working time. Identification of the causes is necessary to remove the disparity and unequal sharing of economic opportunities to make way for women's empowerment. This research attempts in that direction, examining the prevalence of these inequities in rural areas of North-East Indian states using unit-level data from the 2017-18 Periodic Labour Force Survey (PLFS). The methodology for the estimation here is based on Blinder- Oaxaca decomposition method after correcting for sample bias forwarded by Heckman. The analysis shows that in both labor force participation and the wage gap, the females in the region lag behind their male counterparts by a huge margin. Further, the analysis shows that one of the main factors leading to the difference is the disparities in human capital assets. On top of female educational enrollment being low, there is also a huge lack of higher educational attainment, while males have accomplished much better in both the parameters. Moreover, the presence of social stigma against women working and discrimination put the female labor outcomes in a gloomy state.

Characteristics and Socio-Demographic Distribution of Precarious Employment Among Korean Wage Workers: A Proposition of Multidimensional Approach Using a Summative Score

  • Seong-Uk Baek;Min-Seok Kim;Myeong-Hun Lim;Taeyeon Kim;Jin-Ha Yoon;Jong-Uk Won
    • Safety and Health at Work
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    • 제14권4호
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    • pp.476-482
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    • 2023
  • Introduction: There is a growing global interest in the issue of precarious employment. We aimed to analyze the characteristics and socio-demographic distribution of precarious employment using a summative score approach. Methods: To operationalize precarious employment, we utilized data from the Korean Working Conditions Survey and focused on three distinct dimensions: employment insecurity, income inadequacy, and a lack of rights and protections. By constructing a summative scale ranging from -16 to 2, with lower scores indicating higher precariousness, we measured employment precariousness among Korean wage workers. To compare employment precariousness according to survey participant characteristics, we employed the Wilcoxon Rank Sum Test. Results: We analyzed a weighted number of 38,432 workers. The overall sample showed a median (Q1, Q3) summative scale score of -3 (-6, -1). The median summative score was lower for women compared to men (men: -2; women: -5; p < 0.001), as well as for young or older workers compared to middle-aged workers (young: -4; middle-aged: -2; older: -5; p < 0.001). Similarly, workers with lower educational levels (middle school or below: -8; high school: -5; college or above: -2; p < 0.001) and non-white collar workers (blue collar: -5; service/sales worker: -6; white collar: -2; p < 0.001) experienced higher levels of employment precariousness. Conclusion: Our findings indicate that certain vulnerable groups, such as women, young or older adults, workers with low educational attainment, and caregiving or low-skilled elementary workers, are disproportionately exposed to high employment precariousness. Active policy interventions are needed to improve the employment quality of vulnerable groups.

International Outsourcing, Unemployment and Welfare: A Re-Examination

  • Choi, Jai-Young;Yu, Eden S.H.
    • East Asian Economic Review
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    • 제23권3호
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    • pp.261-284
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    • 2019
  • This paper explores the ramifications of international outsourcing on unemployment, income distribution and welfare, which is an important but yet unresolved issue. Using the well-known Harris-Todaro (1970) model of sector-specific unemployment, it shows that the effects of outsourcing on employment, income-distribution and welfare depend on the sector in which the outsourcing occurs, whereby sectoral factor intensities, unemployment-outsourcing response and the dynamic stability condition play crucial roles. In particular, outsourcing in the manufacturing (primary) sector widens (narrows) income inequality by increasing (decreasing) the sectoral wage gap and raising (not affecting) the rental income of the capital owners in the economy. Moreover, outsourcing in the manufacturing (primary) sector can be welfare-decreasing (is always welfare-increasing) due to its negative (positive) employment effect mitigating (reinforcing) the primary gains from the outsourcing.

Investigations into Coarsening Continuous Variables

  • Jeong, Dong-Myeong;Kim, Jay-J.
    • 응용통계연구
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    • 제23권2호
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    • pp.325-333
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    • 2010
  • Protection against disclosure of survey respondents' identifiable and/or sensitive information is a prerequisite for statistical agencies that release microdata files from their sample surveys. Coarsening is one of popular methods for protecting the confidentiality of the data. Grouped data can be released in the form of microdata or tabular data. Instead of releasing the data in a tabular form only, having microdata available to the public with interval codes with their representative values greatly enhances the utility of the data. It allows the researchers to compute covariance between the variables and build statistical models or to run a variety of statistical tests on the data. It may be conjectured that the variance of the interval data is lower that of the ungrouped data in the sense that the coarsened data do not have the within interval variance. This conjecture will be investigated using the uniform and triangular distributions. Traditionally, midpoint is used to represent all the values in an interval. This approach implicitly assumes that the data is uniformly distributed within each interval. However, this assumption may not hold, especially in the last interval of the economic data. In this paper, we will use three distributional assumptions - uniform, Pareto and lognormal distribution - in the last interval and use either midpoint or median for other intervals for wage and food costs of the Statistics Korea's 2006 Household Income and Expenditure Survey(HIES) data and compare these approaches in terms of the first two moments.

The Feasible Linkage between Pay Dispersion and Job Performance in the Case of U.S. Retail Sales Workers

  • KANG, Eungoo;HWANG, Hee-Joong
    • 유통과학연구
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    • 제20권4호
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    • pp.111-119
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    • 2022
  • Purpose: This study seeks to address the omission through examining the manner in which demographic similarity affects the responses of employees in the retail sector towards horizontal pay dispersion. Through doing so the study will be effective in bolstering the recent efforts of more careful exploration of conditions. Research design, data, and methodology: Scant past studies are available to guide for practitioners in retail sector which compensation strategy might lead adequate job performance for retail sales workers. To suggest possible solution, the present authors used variables of pay dispersion and obtained 317 US retail sale workers in distribution channels to measure the association between pay dispersion and employee job performance. Results: The statistical findings indicated both first and second hypothesis could be acceptable with favorable Beta and T values, resulting high degree of pay dispersion leads a low level of job performance, while a low degree of pay dispersion can motivate retail sales workers to improve their performance. Conclusions: The findings of this study raises an argument that processes of social comparison work in a more vigorous manner. This is thus a representation of the propensity of a retail sales worker to voluntarily resign from an organization when dispersion rates are higher.

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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    • 제7권6호
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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.

기업연금보험상품 선호도에 대한 종업원 속성의 영향 (The Impact of Employee's Attributes on Corporate Pension Insurance Products Preference)

  • 주헌
    • 한국프랜차이즈경영연구
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    • 제7권2호
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    • pp.27-35
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    • 2016
  • Purpose - The primary objective of this study is to investigate the impact of employee characteristics on employees' preference towards corporate pension products. This study can provide a guidance for maximization of benefits for employees and their affiliated corporation. Employee characteristics include average length of labour, wage system of annual salary, age, types of interest rates and size of corporation. Existing research generally concentrate on vitalizations of corporate pension product raising an imperfection, improvements, tax benefit analysis and legal consideration. Thus, this study intensively analyses the effect of employee attributes on firms' decision for corporate pension products, such as DB(defined benefit) and DC(defined contribution) type. Research design, data, and methodology - The data were collected using self-administrated questionnaire survey on corporate pension products from CEOs or HR directors 250 foreign-invested companies', purchasing pension plans in practice with domestic financial trustees (insurance companies, banks and security companies). Hypotheses testing was conducted using Logistic Regression analysis with SPSS/PC+ 21.0. Results - The findings of the study are as follows. Employees with the long length of labour are more likely to have DB plan; more likely to prefer DC plan with the dividend distribution product regarding the types of interest rate. SMEs(less than 100 employees) are more likely to select DC plan whereas high fluctuation in wage with annual salary has no impacts. In addition, the ages has no significant effect on the preference. Conclusions - This study has examined with the empirical testing that employees' variable attributes and qualities are one of the vital factors for corporation pension plan selection. Currently, majority employees are highly likely to join DB plan and Defined interest types. Corporation with less than 10 employees prefer IRP scheme while most of corporation are intended to join DC plan. In a very near future, corporation more than 300 employees will be required to purchase mandatory plan under national regulation. For maximization of employees' contentment to corporation pension insurance and for complementing the flaws of existing plans, the future studies shall also research in a perspective of employee benefit.

교육수요와 거주지선택에 대한 이론적 분석 (A Theoretical Analysis on the Demand for Education and Residential Location)

  • 김병현
    • 국제지역연구
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    • 제15권1호
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    • pp.571-583
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    • 2011
  • 본 논문에서는 경쟁입지 균형이론을 이용하여 교육수요와 거주지선택간의 상호관계를 분석하고자 한다. 부모의 취업과 자녀의 교육은 입지특성을 가지고 있기 때문에 소비자들의 교육에 대한 선호체계에 따라 그들의 입지가 결정되는 다양한 균형상태가 존재하게 된다. 일반적으로, 교육에 대한 취향(선호체계)이 강할수록 교육지에 거주지를 입지하려는 경향이 커지고 교육에 대한 취향이 약할수록 직장지에 거주지를 선택하려는 경향이 나타나게 된다. 거주지입지와 교육수요간에는 일정한 상관관계가 존재한다. 즉 교육지 거주자는 일반적으로 직장지 거주자보다 교육시간을 더 많이 소비하게 된다. 이는 교육지 거주자의 보다 높은 교육열과 그들이 부담하는 낮은 교육가격에 기인한다. 소비자들의 공간적 분포에 대한 모형패러미터들의 효과를 보면, 통학 및 통근빈도효과의 경우, 교육지로의 통학빈도가 증가할수록 직장지와 교육지간의 거리는 점점 짧아지고, 금전적 교육비용이 클수록 교육지에 거주하면서 직장지로 통근하기를 선호하는 소비자타입의 범위는 넓어진다. 거리효과는 직장지와 교육지간의 거리가 증가할수록 직장지 거주자의 총 통학시간과 교육지 거주자의 총 통근시간은 증가한다. 임금효과를 보면, 임금이 증가할수록 교육지에 거주지를 선택하는 소비자의 범위가 좁아진다.