English, Article, Journal or magazine article edition: The Effects of Mandating Benefits Packages Olivia S. Mitchell

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Bookmark: http://trove.nla.gov.au/version/139984
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The Effects of Mandating Benefits Packages
Author
  • Olivia S. Mitchell
Physical Description
  • preprint
Notes
  • This paper identifies and, where possible, quantifies potential labor market consequences of government mandating of employee benefits. The author argues that mandating benefits could increase benefit coverage and generosity for numerous workers and their families. However, even when mandating benefits does improve benefit provision, there will be offsetting effects including wage and other benefit cuts, reduced work hours, reduced employment, and possibly output reductions in covered sectors. Employer bias against "expensive to insure" workers may also result, producing labor market sorting and segmentation. In addition, many workers currently without benefit coverage are employees of small firms, women, pan-time and minimum wage workers. Frequently, mandated benefit proposals exclude or reduce coverage for these workers to alleviate the financial burden on smaIl firms. As a result, many uninsured people will not be helped by the type of mandated employee benefit program currendy under review. A separate approach would probably be needed to meet the needs of those not covered by mandated benefit programs.
  • RePEc:nbr:nberwo:3260
Language
  • English
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