Analysing absence behaviour using event history models
AbstractThis paper analyses the absence behaviour of a group of industrial workers. Part of their remuneration scheme comprises an experience rated sick-pay scheme (linking level of sickpay to past absence) which determines the cost of a day's absence for a worker, both contemporaneously and in terms of expected future cost. This cost is explicitly computed for each worker and we show that this cost is negatively related to absence. Using an event history model with a Markov structure for the absence histories the size of this effect is shown to depend on the state occupied. Copyright © 2004 John Wiley & Sons, Ltd.
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Bibliographic InfoArticle provided by John Wiley & Sons, Ltd. in its journal Managerial and Decision Economics.
Volume (Year): 25 (2004)
Issue (Month): 3 ()
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Web page: http://www3.interscience.wiley.com/cgi-bin/jhome/7976
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- Coles, Melvyn G. & Treble, John G., 1996. "Calculating the price of worker reliability," Labour Economics, Elsevier, vol. 3(2), pages 169-188, September.
- David Marsden & Simone Moriconi, 2009. "The value of rude health: employees' well being, absence and workplace performance," LSE Research Online Documents on Economics 51587, London School of Economics and Political Science, LSE Library.
- David Marsden & Simone Moriconi, 2009. "'The Value of Rude Health': Employees' Well Being, Absence and Workplace Performance," CEP Discussion Papers dp0919, Centre for Economic Performance, LSE.
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