Careers and wage growth within large firms
The relationship between the worker's career path and wage growth is studied using a longitudinal sample of large firms. The econometric analysis shows that promoted workers receive a positive wage premium even if they stay in the same job level. Demotions are associated with negative wage prem...
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Format: | UnknownFormat |
Sprache: | eng |
Veröffentlicht: |
Bonn
IZA
2001
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Schriftenreihe: | Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit
336 |
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Zusammenfassung: | The relationship between the worker's career path and wage growth is studied using a longitudinal sample of large firms. The econometric analysis shows that promoted workers receive a positive wage premium even if they stay in the same job level. Demotions are associated with negative wage premiums. The wage-career dynamics generates a U-shape to the wage premiums for promotions over the hierarchical ladder. In the context of the model discussed, this shape suggests a stronger learning and/or human capital accumulation effect at the bottom of the hierarchy and a stronger job assignment effect at the top. |
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Beschreibung: | Literaturverz. S. 25 - 27 |
Beschreibung: | 42 S graph. Darst |