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Ifo Personnel Manager Survey – Impact of a Nationwide Minimum Wage on Staff Numbers

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  • Anita Jacob-Puchalska

Abstract

The Ifo Institute surveys around 1,000 personnel managers on the importance of various instruments to promote flexibility that are used in personnel organisation on a quarterly basis. The special question in the first quarter of 2014 asked companies whether they plan to change their staff bases this year and/or as of 2015 against the backdrop of the minimum wage plans. Their responses reveal that although the minimum wage plans play no role in many branches, they will have dramatic consequences like large-scale redundancies in some segments, especially in branches that employ low-skilled staff.

Suggested Citation

  • Anita Jacob-Puchalska, 2014. "Ifo Personnel Manager Survey – Impact of a Nationwide Minimum Wage on Staff Numbers," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 67(09), pages 44-45, May.
    • Handle: RePEc:ces:ifosdt:v:67:y:2014:i:09:p:44-45
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    More about this item

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions

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