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Employee Benefits in the Hospitality Industry in the US: Inhospitable for Employees?

Author

Listed:
  • Chatterjee, S.
  • Lauderdale, M
  • Gilliam, J

Abstract

This paper uses data from the Panel Study of Income Dynamics (PSID) to examine the likelihood of receiving health insurance coverage and retirement benefits among employees working in the hospitality sector. The results show that, although hospitality sector employees are less likely to receive health insurance coverage and retirement benefits from their employers when compared with respondents employed in other sectors, the likelihood of receiving employee benefits increases with job tenure, income and educational attainment. A discussion on the possible strategic initiatives for increasing employee benefits in this sector is included for industry leaders, policy makers, economists.

Suggested Citation

  • Chatterjee, S. & Lauderdale, M & Gilliam, J, 2011. "Employee Benefits in the Hospitality Industry in the US: Inhospitable for Employees?," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 11(2).
    • Handle: RePEc:eaa:eerese:v:11:y2011:i:2_2
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    File URL: http://www.usc.es/economet/reviews/eers1122.pdf
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    References listed on IDEAS

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    1. Brigitte C. Madrian, 1994. "Employment-Based Health Insurance and Job Mobility: Is there Evidence of Job-Lock?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(1), pages 27-54.
    2. James M. Poterba & Steven F. Venti & David A. Wise, 1996. "How Retirement Saving Programs Increase Saving," Journal of Economic Perspectives, American Economic Association, vol. 10(4), pages 91-112, Fall.
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    More about this item

    Keywords

    Retirement; Employee Benefits; Health Insurance;
    All these keywords.

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General

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