Effort-based career opportunities and working time
AbstractIn this paper we describe the hypothesis of effort-based career opportunities as a situation in which profit maximizing firms create incentives for employees to work longer hours than the bargained ones, by making career prospects dependent on working hours. When effort-based career opportunities are effective, they raise working time and output per worker reducing workers' utility. A first attempt is made to empirically estimate the relationship between hours worked and the expected opportunities of promotion using the British Household Panel Survey data set. Our 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 Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano in its series Departmental Working Papers with number 2005-02.
Date of creation: 01 Jan 2005
Date of revision:
bargaining; career; personnel management; promotion; welfare; working time;
Other versions of this item:
- Massimiliano BRATTI & Stefano STAFFOLANI, 2004. "Effort-Based Career Opportunities and Working Time," Working Papers 203, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
- Bratti, Massimiliano & Staffolani, Stefano, 2005. "Effort-Based Career Opportunities and Working Time," IZA Discussion Papers 1474, Institute for the Study of Labor (IZA).
- 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; Executives; Executive Compensation
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