English, Article, Journal or magazine article edition: Effort-Based Career Opportunities and Working Time Massimiliano BRATTI; Stefano STAFFOLANI

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Bookmark: http://trove.nla.gov.au/version/18744
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Effort-Based Career Opportunities and Working Time
Author
  • Massimiliano BRATTI
  • Stefano STAFFOLANI
Physical Description
  • preprint
Notes
  • In this paper we describe the hypothesis of effort-based career opportunities as a situation in which profit maximizing firms create incentives for employees to work longer hours than the bargained ones, by making career prospects dependent on working hours. When effort-based career opportunities are effective, they raise working time and output per worker reducing workers' utility. A first attempt is made to empirically estimate the relationship between hours worked and the expected opportunities of promotion using the British Household Panel Survey data set. Our analysis shows that the perceived probability of promotion increases with working time and that this result is robust to various econometric specifications
  • RePEc:mil:wpdepa:2005-02
  • The authors evaluate the economic effects of the hypothesis of effort-based career opportunities, described as a situation in which a firm creates incentives for employees to work longer hours than bargained (or desired), by making career prospects depend on relative working hours. Firms' personnel management policies may tend to increase working time (or workers' effort) in order to maximize profits. Effort-based career opportunities raise working time, production and output per worker, and reduce workers' utility. The authors make a first attempt to empirically estimate the relationship between hours worked and the expected opportunities of promotion using the British Household Panel Survey data set. Their analysis shows that the perceived probability of promotion increases with working time, and that this result is robust to various econometric specifications.
  • bargaining, career, personnel management, promotion, welfare, working time
  • RePEc:anc:wpaper:203
Language
  • English
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