Ciência-IUL
Publicações
Descrição Detalhada da Publicação
Patterns of employment relationships: the association between compensation policy and contractual arrangements
Título Revista
International Journal of Human Resource Management
Ano (publicação definitiva)
2019
Língua
Inglês
País
Reino Unido
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Abstract/Resumo
Firms respond differently to labour market regulations and develop an employment relationship accordingly. We use linked employer–employee data to examine the relationship between compensation policies and contractual arrangements in large-sized firms in Portugal. In this country, the wages are regulated through minimum wage and collective agreement, while employment is protected by stringent employment legislation. The empirical analysis starts with a fuzzy clustering to identify typical compensation policies. Three major segments emerge from this analysis: Competitive, Internal Labour Markets and Incentive. The first segment comprises low-wage firms, which are highly responsive to market conditions. The other two reveal properties of internal labour markets, although the incentive based firms reinforce the use of discretionary power to differentiate the workforce. Subsequently, we estimate a regression model to examine how the compensation policy interacts with contractual arrangement. Empirical evidence confirms the segmentation predictions, i.e. low, flexible wages and flexible contracts prevail in the same firms. Furthermore, vulnerable categories like young workers and female workers are over-represented in Competitive firms, while high-wages are associated with incentive devices benefiting white collar employees. Apparently, firms foster inequality among segments of workers and often penalise or favour the same category of workers.
Agradecimentos/Acknowledgements
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Palavras-chave
Compensation policy,Contractual arrangements,Labour market segmentation,Fuzzy clustering,Tobit regression
Classificação Fields of Science and Technology
- Economia e Gestão - Ciências Sociais
Registos de financiamentos
Referência de financiamento | Entidade Financiadora |
---|---|
PTDC/EGE-ECO/108547/2008 | Fundação para a Ciência e a Tecnologia |
UID/SOC/03127/2013 | Fundação para a Ciência e a Tecnologia |