• Title/Summary/Keyword: wages

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Minimum Wages and Firm Exports: Evidence from Vietnamese Manufacturing Firms

  • Nguyen, Dong Xuan
    • East Asian Economic Review
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    • v.25 no.1
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    • pp.99-121
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    • 2021
  • This paper investigates the relationship between the minimum wage and firm's export behavior by using firm-level data of Vietnamese manufacturing enterprises over the period 2010 through 2015. In this regard, I apply the logistic regression model for the probability of exporting and the differences-in-differences analysis to the data, and find that raising minimum wage standards drive no new exporters but a rise in a firm's export sales. Less productive and more labor-intensive firms raise their amount of exports in response to increasing minimum wage levels. Being exposed to increasing minimum wage levels makes a firm under-perform in terms of export sales compared to non-exposed firms.

Comparative study of the wage survey in Construction sector and the Labour force survey for analysis of wage variation in construction industry (건설업 임금 변동 분석을 위한 건설업 임금실태 조사와 사업체노동력조사 비교)

  • Lee, Ju-hyun;Baek, Seung Ho
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2021.05a
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    • pp.281-282
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    • 2021
  • The construction industry is known for a large number of workers and its high employment inducing effect. Therefore, the survey on the wages of the construction industry is an important basic data for grasping fluctuations according to the survey cycle and establishing future policies, and it is a statistical data having a large impact on related industries. In this study, we intend to conduct a comparative analysis of 'the wage survey in Construction sector,' which is the representative nationally approved statistics that surveys the current construction industry wages, and 'the labor force survey of business establishment'.

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A study on job mismatches by women's education level (여성의 교육수준에 따른 직무불일치에 대한 연구)

  • Mihee Kim
    • Journal of East Asia Management
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    • v.4 no.2
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    • pp.1-18
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    • 2023
  • This study examined the degree of job mismatches and how job mismatches affects wages and job satisfaction of women wage workers who graduated from college. The four-year data from the 20th to 23rd (2017-2020) of the Korean Labor & Income Panel Study (KLIPS) were integrated and used for analysis. As a result of the study, first, it was found that female workers graduating from universities in Korea are experiencing serious job mismatches such as education, skill, and major mismatches. The degree was more pronounced as the level of education increased. Second, it was found that it had a negative (-) effect on wages according to the degree of job mismatch, such as education, skill, and major mismatch. Third, it was confirmed that job satisfaction decreased according to the degree of job mismatch such as education, skill, and major mismatch.

On the Problems of Labor Management in the Adjacent Seas Fishing Industries (어업노무관리에 관한 조사연구 - 근해어업을 중심으로)

  • 장수호
    • The Journal of Fisheries Business Administration
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    • v.5 no.2
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    • pp.1-47
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    • 1974
  • This is the report of a study carried out during the months of April to July in 1974, on the fisheries in regard to its labor management. At here the word of adjacent seas fisheries in Korea denotes the fisheries carried out by fishing boats for one or two boats trawling, purse seinning, shrimp trawling, and whale catching. For the objective of this above study the auther randomly selected 257 crew-members for the questionaires and direct interviews and, with this method, proceeded surveys and investigations on the following factors such as the organization and its functions, personel administration in regard to placement and merit system, regulations and rules of working, wages and salaries, welfare facilities or considerations, safety and sanitation, human relations within organization and cooperation, and thus covered the whole important factors with the modern management system. The results of the studies are; The factors above the standard level are only on those of organization and functions, merit system and placement and human relations and for the rest the judgement are to be laid as below the standard level. And particularly revealing the problems on the following factors; 1) Wages and salary particulary on the payment upon laid out, and the payment of wages in advance. 2) Welfare facilities such as of the insurance and crew members' welfare for the good use of leisure time. 3) Placement and merit system in regard to ite method of appointing or empioying 4) Regulations and rules of working in regard to the vacation or leave of absence. 5) Safety problem particularly on the matter of sanitation or hygene. 6) Coopertion on the matter of participation on the interested problems on both parties. The above points indicated are, methinks, all derived out of the out dated method of management. Therefore, for the improvement of the labor management, first of all, nothing is more urgent than to adopt the modern labor management method as well as to encourage and enlighten the social responsibilities burdened on the enterprise.

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The wage determinants of college graduates using Heckman's sample selection model (Heckman의 표본선택모형을 이용한 대졸자의 임금결정요인 분석)

  • Cho, Jangsik
    • Journal of the Korean Data and Information Science Society
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    • v.28 no.5
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    • pp.1099-1107
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    • 2017
  • In this study, we analyzed the determinants of wages of college graduates by using the data of "2014 Graduates Occupational Mobility Survey" conducted by Korea Employment Information Service. In general, wages contain two complex pieces of information about whether an individual is employed and the size of the wage. However, in many previous researches on wage determinants, sample selection bias tends to be generated by performing linear regression analysis using only information on wage size. We used the Heckman sample selection models for analysis to overcome this problem. The main results are summarized as follows. First, the validity of the Heckman's sample selection model is statistically significant. Male is significantly higher in both job probability and wage than female. As age increases and parents' income increases, both the probability of employment and the size of wages are higher. Finally, as the university satisfaction increases and the number of certifications acquired increased, both the probability of employment and the wage tends to increase.

Effects of the CEO's Authentic Leadership of Fashion Company on Job Satisfaction and Organizational Performance (패션기업 CEO의 진정성 리더십이 직원의 직무만족 및 조직성과에 미치는 영향)

  • Park, Dongjin;Lee, Hyejoo
    • Journal of the Korean Society of Costume
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    • v.66 no.8
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    • pp.138-156
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    • 2016
  • This study analyzed the effects of CEO's authentic leadership on job satisfaction and organizational performance in a fashion company, and the differences in the CEO's authentic leadership, job satisfaction and organizational performance by the size of the companies. The study analyzed responses collected from questionnaires filled out by 440 employees of fashion companies. The results of this study were as follows; First, the transparency, future orientation, self-awareness, balanced process, and ethicality of CEO's authentic leadership positively influenced the wages or system satisfaction. The CEO's transparency, future orientation, self-awareness, and ethicality positively influenced job satisfaction. Also, the CEO's transparency, future orientation, self-awareness positively influenced the working condition or environmental satisfaction. Second, the wages or system satisfaction and working condition or environmental satisfaction of employees positively influenced the management performance of fashion companies. And the wages or system satisfaction, job satisfaction and working condition or environmental satisfaction of employees positively influenced the new product performance and job performance. Third, the CEO's authentic leadership of fashion companies positively influenced the management performance, and the CEO's transparency and future orientation positively influenced the new product performance. In addition, the CEO's self-awareness, balanced process and ethicality influenced the job performance. Fourth, there were significant differences in the CEO's authentic leadership, job satisfaction, management performance and new product performance by fashion companies' size. The results of this study will be useful in successful business strategy and improving the performance of fashion companies.

An Empirical Study on the Job Satisfaction of Hotel Employees -Focusing on the Six super-deluxe hotels in Seoul- (호텔 종사원의 직무만족요인에 관한 실증 연구 -서울지역 특1급 호텔을 중심으로-)

  • 김정만
    • Journal of Applied Tourism Food and Beverage Management and Research
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    • v.9
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    • pp.93-116
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    • 1998
  • In the 21st century the service industry, particularly the hospitality industry, has the potential to develop into its golden age. In preparation for this hotels must maximize management proficiency by introducing reasonable and scientific systems into their current operations. The hotel industry takes it for granted that it can meet the final business goal by way of effective management of human resources. However, comprehensive papers on the subject of employee satisfaction have not appeared or been presented in Korean business studies. And although papers from abroad have touched on the subject they are not focused on the specialized domain of human resources as it applies to the comprehensive matters relating to job satisfaction as a corelationship to business success. This study focuses on some problems that must be overcome in achieving business objectives while striving at the same time to maintain satisfaction. The purpose of this study is to find the factors that measure employee job satisfaction in the hotel industry. To establish the purpose I reviewed the definition of the job satisfaction. An antecedent study of job satisfaction and Questionnaires were used to acquire data, specifically, hotel employees were selected randomly from the six super-deluxe hotels in Seoul to respond to thorough questionnaires. As a result of the study on the variables of Sex, Position, Length of Service, Opportunity for Promotion, Working Conditions, Wages and Hotel Situation. As a whole, promotional opportunity, wages and working conditions were frequently cited as negative factors in the responses. A comprehensive approach that includes improving wages and that reflects management's sincere concern with the working conditions of the employees is urgently needed. Hotel management that is willing to examine employee satisfaction periodically and provide proper solutions can prevent dissatisfied employees from separating from their jobs. This study has some limitation in that it is restricted geographically and in research method. That is, only six super-deluxe hotels in Seoul were selected as the subject of study and only the questionnaire method of obtaining data was used out of various available research methods.

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Firms' Optimal Adjustments to Demand Shocks:Wages, Workers, and Hours (수요 변동에 대한 기업의 임금 및 고용조정 패턴)

  • Shin, Dong-Gyun
    • Journal of Labour Economics
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    • v.28 no.1
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    • pp.29-60
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    • 2005
  • This paper investigates how firms adjust wages, employment and hours in response to demand shifts. It focuses on rigidities and asymmetries in such adjustments. Major findings are as follows. First, wage adjustments are fairly small compared with worker adjustments. Second, wage adjustments are asymmetric with respect to sales growth: there is no responsiveness of wage growth when sales are declining, while adjustments are significantly positive when sales are rising. On the contrary, worker adjustments are symmetric with respect to demand shifts. Third, while workers are linearly adjusted to the sales growth, some nonlinearity is observed in the wage adjustment. Fourth, hours are generally nonresponsive to demand shocks. Finally, union firms cut wages rather than workers in the face of negative demand shocks.

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