Employer-Provided Benefit Plans, Workforce Composition and Firm Outcomes
What do firms gain by offering benefits? Economists have proposed two payoffs: (i) benefits may be a more cost-effective form of compensation than wages for employees facing high marginal tax rates, and (ii) benefits may attract a more stable, skilled workforce. Both should improve firm outcomes, but we have little evidence on this matter. This paper exploits a rich new dataset to examine how firm productivity and survival are related to benefit offering, and finds that benefit-offering firms have higher productivity and higher survival rates. Differences in firm and workforce characteristics explain some but not all of the differences in outcomes.
|Date of creation:||Jan 2005|
|Contact details of provider:|| Postal: 4600 Silver Hill Road, Washington, DC 20233|
Phone: (301) 763-6460
Fax: (301) 763-5935
Web page: http://lehd.did.census.gov/led/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Stephen A. Woodbury, 2009.
Book chapters authored by Upjohn Institute researchers,
in: Kenneth G. Dau-Schmidt & Seth D. Harris & Orley Lobel (ed.), Labor and Employment Law and Economics, volume 2, pages 480-516
W.E. Upjohn Institute for Employment Research.
- William E. Even & David A. Macpherson, 2004. "Determinants and Effects of Employer Matching Contributions in 401(k) Plans," Labor and Demography 0405001, EconWPA.
- Richard D. Miller, Jr., 2004. "Estimating the Compensating Differential for Employer-Provided Health Insurance," International Journal of Health Economics and Management, Springer, vol. 4(1), pages 27-41, 03.
- Burgess, Simon & Lane, Julia & Stevens, David, 1995.
"Job Flows, Worker Flows and Churning,"
CEPR Discussion Papers
1125, C.E.P.R. Discussion Papers.
- John M. Abowd & John Haltiwanger & Ron Jarmin & Julia Lane & Paul Lengermann & Kristin McCue & Kevin McKinney & Kristin Sandusky, 2005.
"The Relation among Human Capital, Productivity, and Market Value: Building Up from Micro Evidence,"
in: Measuring Capital in the New Economy, pages 153-204
National Bureau of Economic Research, Inc.
- John Abowd & John Haltiwanger & Ron Jarmin & Julia Lane & Paul Lengermann & Kristin McCue & Kevin McKinney & Kristin Sandusky, 2002. "The Relation among Human Capital, Productivity and Market Value: Building Up from Micro Evidence," Longitudinal Employer-Household Dynamics Technical Papers 2002-14, Center for Economic Studies, U.S. Census Bureau.
- Alan L. Gustman & Olivia S. Mitchell & Thomas L. Steinmeier, 1994. "The Role of Pensions in the Labor Market: A Survey of the Literature," ILR Review, Cornell University, ILR School, vol. 47(3), pages 417-438, April.
- Currie, Janet & Madrian, Brigitte C., 1999.
"Health, health insurance and the labor market,"
Handbook of Labor Economics,
in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 50, pages 3309-3416
- Dan A. Black, 1996. "Family Health Benefits and Worker Turnover," Labor and Demography 9604001, EconWPA.
- Richard A. Ippolito, 2002. "Stayers as "Workers" and "Savers": Toward Reconciling the Pension-Quit Literature," Journal of Human Resources, University of Wisconsin Press, vol. 37(2), pages 275-308.
- Dickens, William T & Lang, Kevin, 1985.
"A Test of Dual Labor Market Theory,"
American Economic Review,
American Economic Association, vol. 75(4), pages 792-805, September.
- Richard A. Ippolito, 1994. "Pensions and Indenture Premia," Journal of Human Resources, University of Wisconsin Press, vol. 29(3), pages 795-812.
- William E. Even & David A. MacPherson, 1996. "Employer Size and Labor Turnover: The Role of Pensions," ILR Review, Cornell University, ILR School, vol. 49(4), pages 707-728, July.
- Anja Decressin & Kristin McCue & Martha Stinson, 2003. "Describing the Form 5500-Business Register Match," Longitudinal Employer-Household Dynamics Technical Papers 2003-05, Center for Economic Studies, U.S. Census Bureau.
- William T. Alpert & Stephen A. Woodbury (ed.), 2000. "Employee Benefits and Labor Markets in Canada and the United States," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number eblm, November.
- John M. Abowd & Paul A. Lengermann & Kevin L. McKinney, 2002. "The Measurement of Human Capital in the U.S. Economy," Longitudinal Employer-Household Dynamics Technical Papers 2002-09, Center for Economic Studies, U.S. Census Bureau, revised Mar 2003.
When requesting a correction, please mention this item's handle: RePEc:cen:tpaper:2005-01. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Erika McEntarfer)
If references are entirely missing, you can add them using this form.