Encouraging Long-Term Tenure
Wage Tilt or Pensions
Bibliographic Data
| ID | 3267415 |
|---|---|
| Authors | Richard A Ippolito (corresponding author) |
| Year | 1991 |
| Volume | 44 |
| Issue | 3 |
| Pages | 520-535 |
| Publication date | 1991-04-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Industrial and Labor Relations Review (JOURNAL) |
| Journal identifiers | ISSN: 0019-7939 • E-ISSN: 2162-271X |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/001979399104400308 |
| OpenAlex | W2020669950 |
| Language | EN |
| Citations received | 14 |
| References cited | 21 |
The author analyzes data on 6,416 persons in 109 firms to determine whether the length of these workers' tenure was positively related either to wage tilt-the payment of below-market wages in the early years of the worker's employment with a firm and above-market wages in the later years-or to the presence of defined benefit pension plans. Contrary to the popular (but little-tested) hypothesis that wage tilt is important in inducing workers to make long-term commitments to the firm, the results show that wage tilt had no significant effect on tenure, except indirectly through its effect on pension quit costs. In contrast, pensions increased tenure in the firm, on average, by more than 20
Business · Economics · Labour economics · Payment · Pension · Term (time) · Tilt (camera) · Wage · Engineering · Finance · Financial Literacy, Pension, Retirement Analysis · Labor market dynamics and wage inequality · Retirement, Disability, and Employment
A New Perspective on Job Lock
Voluntary Job Separations and Traditional versus Flexible Workplace Savings Plans
Do Deferred Retirement Benefits Retain Government Employees
The Impact of Pension Benefits on the Distribution of Earned Income
Occupational Age Structure and Access for Older Workers
Pension Portability and Labor Market Efficiency
Employer Size and Labor Turnover
Wage-Pension Trade-offs in Collective Agreements
Efficiency Wages and the Inter-Industry Wage Structure
Do Wages Rise with Job Seniority?
Law Enforcement, Malfeasance, and Compensation of Enforcers
Compensating Differentials for Pensions and Underfunding in the Public Sector
The Impact of Private Pensions on Firm Attachment
Why Is There Mandatory Retirement
Specific Human Capital
Job Matching and the Theory of Turnover
Pensions, Economics and Public Policy
Job Mobility and Earnings over the Life Cycle
Retirement System Characteristics and Compensating Wage Differentials in the Public Sector
| Unique citing works | 8 |
|---|---|
| Citations per year | 0,41 |
| Citation span | 1992 - 2019 (28) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 13 |