TITLE

COMPENSATION, SAFETY, AND ABSENTEEISM: EVIDENCE FROM THE PAPER INDUSTRY

AUTHOR(S)
Allen, Steven G.
PUB. DATE
January 1981
SOURCE
ILR Review;Jan81, Vol. 34 Issue 2, p207
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This paper develops an economic model of absenteeism and tests that model with data from a sample of establishments in the paper industry. Absenteeism is viewed as a desirable nonpecuniary element of the compensation package. The model, which is based upon the hedonic framework developed by Sherwin Rosen, focuses on the effects of wages, fringe benefits, and employment hazards on the long-run equilibrium absence rate of an establishment. The author finds that absence rates are significantly higher in paper plants with low wages and high occupational illness and injury rates, as predicted by the model. The impact of fringe benefits is less clear-cut both theoretically and empirically. The results suggest that work attendance plays an important part in labor market adjustment; studies that focus only on wage differences will underestimate the compensating differential for employment hazards, which includes increased absence rates as well as higher wages.
ACCESSION #
4457063

 

Related Articles

  • Upturn in Employment.  // Management Services;May84, Vol. 28 Issue 5, p33 

    Employment within the computing industry is showing signs of an upturn and companies report an increase in staff in all job categories. The most significant factor is the 50% increase in trainee programmers, generally regarded as the seed-corn for the industry's future and a sensitive indicator...

  • Analyzing employers' costs for wages, salaries, and benefits. Nathan, Felicia // Monthly Labor Review;Oct87, Vol. 110 Issue 10, p3 

    Presents cost estimates for the components of compensation for private industry workers in the U.S. Relative errors associated with the estimates and costs as a percent of toal compensation; Two approaches in measuring an employer's costs for employee compensation; Use of employment...

  • LABOR MARKET DEVELOPMENTS IN THE EU. Vanina, Boglea // Annals of the University of Oradea, Economic Science Series;2008, Vol. 17 Issue 3, p103 

    Labor market performances in the region have further improved with unemployment rates reaching historically low levels and employment rates increasing. Real wage growth is slowing in most countries in the region, but remains strong especially in Latvia and Romania. Despite the wage moderation,...

  • Developing good workers requires personal touch.  // American Laundry News (American Trade Magazines LLC (ATM));08/01/2012, p4 

    The article focuses on developing good workers. Taking the time to develop good employees is much easier and more rewarding than trying to go out and find them on the open market. There are employees who come to work every day and do a good job. They are thankful to have a job but never think of...

  • Irish perks in clover. Woods, David // Employee Benefits;Feb2008, p36 

    The author focuses on the low unemployment levels in Ireland. He states that the country might be enjoying a robust economy, but a buoyant jobs market has put an increasing pressure on employers to offer a competitive benefits package. He also stresses out that some employers are considering...

  • Market Insights: Positive prospects: UK unemployment hits its lowest point since 2008.  // Mortgage Strategy (Online Edition);10/29/2015, p2 

    The article discusses the performance of Great Britain labour market with employment rising and unemployment continuing to drop. Topics discussed include the increase in pay for employees in Great Britain by 3% including bonuses and 2.8% excluding bonuses and the rise in sterling against the...

  • Accounting for missing data in the Employment Cost Index. Song Yi // Monthly Labor Review;Apr2006, Vol. 129 Issue 4, p22 

    The article focuses on accounting for missing data in the U.S. Employment Cost Index (ECI). It is a measure of change in employer costs for employee compensation. The index is compiled from information provided by employers and updated quarterly. The benefit imputation procedure is used to...

  • Economic Upswing Expected to Spark High Turnover. Birschel, Dee // Benefits Quarterly;2004 First Quarter, Vol. 20 Issue 1, p66 

    Deals with the findings of a survey on employee benefits in the U.S. Percentage of survey respondents who believe that they will seek employment elsewhere once the economy and job market improve; Number of employees who stated that their reason for leaving a company was to seek better...

  • The Political Economy of the Rent-Seeking Society: The Case of Public Employees and Their Unions. BELLANTE, DON; LONG, JAMES // Journal of Labor Research;Spring81, Vol. 2 Issue 1, p1 

    Evidence is accumulating which suggests that public employee pay levels may contain substantial rent components. The purpose of this study is twofold: to relate the theories of public choice and competitive rent seeking to this evidence and to improve upon existing estimates of rent levels by...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics