Overtime Working in an Unregulated Labour Market
AbstractUsing individual-level data on male non-managerial workers from the 1996 British New Earnings Survey, we estimate overtime hours and average premium pay equations. Among other issues, four broad questions are of central importance. (a) What are the impacts of straight-time pay and hours on overtime pay and hours? (b) Is premium pay positively related to the length of weekly overtime? (c) What is the influence of collective bargaining coverage on overtime pay and hours? (d) Does overtime working serve significantly to alter wage earnings differentials between covered and uncovered workers? These and other issues are discussed comparatively in relation to unregulated British overtime working practices and to the United States were overtime is subject to mandatory rules.
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Bibliographic InfoPaper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 44.
Length: 30 pages
Date of creation: Jun 1999
Date of revision:
Publication status: published as "Wages, hours, and overtime premia: evidence from the British labor market" in: Industrial and Labor Relations Review, 2003, 56 (3), 470-480
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Postal: IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany
Other versions of this item:
- J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
- J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy
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