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effects of overtime pay regulation on weekly work schedules. After controlling for workweek trends within industries, the … sharp expansions in overtime pay coverage resulting from legislative amendments and Supreme Court decisions produced no … discernible impact on overtime hours. This finding is consistent with a model of labor market equilibrium in which straight …
Persistent link: https://www.econbiz.de/10005763782
overtime hours and average premium pay equations. Among other issues, four broad questions are of central importance. (a) What … are the impacts of straight-time pay and hours on overtime pay and hours? (b) Is premium pay positively related to the … length of weekly overtime? (c) What is the influence of collective bargaining coverage on overtime pay and hours? (d) Does …
Persistent link: https://www.econbiz.de/10005566718
Why do people work unpaid overtime? We show that remarkable long-term labor earnings gains are associated with unpaid … overtime in West Germany. A descriptive analysis suggests that over a 10-year period workers with unpaid overtime experience on … effects of unpaid overtime work. Our results point to the importance of investment in current working hours beyond the …
Persistent link: https://www.econbiz.de/10005763575
Using panel data for West Germany and Great Britain, we show that there are striking differences in overtime work and … overtime compensation in the two countries in the 1990s. Our estimates reveal that the observed overtime patterns affect both … performance-related pay and unpaid overtime in Great Britain is an important factor in explaining the observed differences. With …
Persistent link: https://www.econbiz.de/10005763734
Firms' matching contributions to employees' defined contribution pension plans are an important spur to employee retirement savings. Firms frequently match employees' defined contribution pension plan using company stock and prohibit employees from selling; employees sometimes voluntarily invest...
Persistent link: https://www.econbiz.de/10012728125
This is an exploratory study on the characteristics and performance of firms that choose to grant executive stock options as a strategic compensation practice. According to the push theory of employee ownership, stock options are granted to push employees to create superior financial...
Persistent link: https://www.econbiz.de/10012779286
We examine how tax legislation that restricted firms' deductions of CEO compensation above $1 million, reduced the implicit contracting cost of compensation for firms that were expected to pay below that amount and that were not directly affected by the law change. We find that firms who...
Persistent link: https://www.econbiz.de/10012787175
The German system of corporate governance differs considerably from its counterparts in the United States and the United Kingdom. There is anecdotal evidence, however, that suggests market forces are serving to destabilize traditional structures in Germany and are causing some form of...
Persistent link: https://www.econbiz.de/10012763128
Persistent link: https://www.econbiz.de/10012705923
This study investigates the relation between the use of compensation consultants and CEO pay levels. Using new proxy statement disclosures from 2,116 companies, we examine claims that pay is higher in clients of compensation consultants, and test whether any pay differences in users and...
Persistent link: https://www.econbiz.de/10012711098