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Fringe benefits and the cost of changing jobs

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  • Olivia S. Mitchell

Abstract

One of the costs borne by workers changing jobs is the income loss associated with forfeited fringe benefits, including nonvested pensions, paid vacation and sick leave, group medical and life insurance coverage, and possibly profit-sharing and stock-ownership programs. This paper uses longitudinal information on a representative sample of workers to derive empirical estimates of the costs of changing jobs that are attributable to the loss of such benefits. Employer-sponsored pension and health insurance plans prove to be the most important quantitatively. (Abstract courtesy JSTOR.)

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Bibliographic Info

Article provided by ILR Review, Cornell University, ILR School in its journal ILR Review.

Volume (Year): 37 (1983)
Issue (Month): 1 (October)
Pages: 70-78

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Handle: RePEc:ilr:articl:v:37:y:1983:i:1:p:70-78

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Cited by:
  1. Vincenzo Andrietti & Vincent Hildebrand, 2004. "Evaluating Pension Portability Reforms. The Tax Reform Act Of 1986 As A Natural Experiment," Economics Working Papers we045220, Universidad Carlos III, Departamento de Economía.
  2. Michael D. Hurd, 1993. "The Effect of Labor Market Rigidities on the Labor Force Behavior of Older Workers," NBER Working Papers 4462, National Bureau of Economic Research, Inc.
  3. Donna B. Gilleskie & Byron F. Lutz, 2002. "The Impact of Employer-Provided Health Insurance on Dynamic Employment Transitions," Journal of Human Resources, University of Wisconsin Press, vol. 37(1), pages 129-162.
  4. Vincenzo Andrietti & Vincent Hildebrand, 2001. "Pension Portability and Labour Mobility in the United States. New Evidence from SIPP Data," Social and Economic Dimensions of an Aging Population Research Papers 42, McMaster University.
  5. Birgitta Rabe, 2007. "Occupational Pensions, Wages, And Job Mobility In Germany," Scottish Journal of Political Economy, Scottish Economic Society, vol. 54(4), pages 531-552, 09.
  6. repec:ese:iserwp:2006-04 is not listed on IDEAS
  7. Steven G. Allen & Robert L. Clark, 1987. "Pensions and Firm Performance," NBER Working Papers 2266, National Bureau of Economic Research, Inc.
  8. repec:ese:iserwp:2000-07 is not listed on IDEAS
  9. Alan Gustman & Thomas Steinmeier, 1990. "Pension Portability and Labor Mobility: Evidence From the Survey of Income and Program Participation," NBER Working Papers 3525, National Bureau of Economic Research, Inc.
  10. Michael Hurd & Kathleen McGarry, 1993. "The Relationship Between Job Characteristics and Retirement," NBER Working Papers 4558, National Bureau of Economic Research, Inc.
  11. Harley Frazis & Mark A. Loewenstein, 2009. "How Responsive are Quits to Benefits?," Working Papers 426, U.S. Bureau of Labor Statistics.
  12. Olivia S. Mitchell, 1982. "The Labor Market Impact of Federal Regulation: OSHA, ERISA, EEO, and Minimum Wage," NBER Working Papers 0844, National Bureau of Economic Research, Inc.
  13. Alan L. Gustman & Thomas L. Steinmeier, 1987. "Pensions, Efficiency Wages, and Job Mobility," NBER Working Papers 2426, National Bureau of Economic Research, Inc.

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