Effort-Based Career Opportunities and Working Time
AbstractThe authors evaluate the economic effects of the hypothesis of effort-based career opportunities, described as a situation in which a firm creates incentives for employees to work longer hours than bargained (or desired), by making career prospects depend on relative working hours. Firms' personnel management policies may tend to increase working time (or workers' effort) in order to maximize profits. Effort-based career opportunities raise working time, production and output per worker, and reduce workers' utility. The authors make a first attempt to empirically estimate the relationship between hours worked and the expected opportunities of promotion using the British Household Panel Survey data set. Their analysis shows that the perceived probability of promotion increases with working time, and that this result is robust to various econometric specifications.
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Bibliographic InfoPaper provided by Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali in its series Working Papers with number 203.
Date of creation: Feb 2004
Date of revision:
bargaining; career; personnel management; promotion; welfare; working time;
Other versions of this item:
- Massimiliano Bratti, 2007. "Effort-based career opportunities and working time," International Journal of Manpower, Emerald Group Publishing, vol. 28(1), pages 489 - 512, August.
- Bratti, Massimiliano & Staffolani, Stefano, 2005. "Effort-Based Career Opportunities and Working Time," IZA Discussion Papers 1474, Institute for the Study of Labor (IZA).
- Massimiliano BRATTI & Stefano STAFFOLANI, 2005. "Effort-based career opportunities and working time," Departmental Working Papers 2005-02, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
- J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
- J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
- J50 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - General
- M12 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Personnel Management; Executive Compensation
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