Mühlemann, Samuel; Pfeifer, Harald - 2013
This paper analyzes the structure of hiring costs of skilled workers in Germany. Using detailed and representative firm …-level data on recruitment and adaptation costs of new hires, we find that average hiring costs amount to more than 8 weeks of … wage payments (4,700 Euros). The structure of hiring costs is convex, as an increase in the number of hires by 1% increases …