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Great Britain has had statutory regulation of minimum pay for much of this century but never previously had a national minimum wage (NMW). This paper outlines the history of minimum wage regulation culminating in 1997 with the establishment of the Low Pay Commission (LPC) and the introduction of...
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'The ultimate objective of empirical work on incentives should be to find out why firms use the compensation systems they doàhuge advances in our understanding could be made by a concerted effort to collect data on contracts.'' So concludes the 1998 Journal of Economic Literature survey on...
Persistent link: https://www.econbiz.de/10009440284
If the presence of a union in a workplace or firm raises the pay level, unless productivity rises correspondingly, financial performance is likely to be worse. If the product market is uncompetitive this might imply a simple transfer from capital to labour with no efficiency effects, but is...
Persistent link: https://www.econbiz.de/10009440476
Union membership rose by 100,000 in 1999 ending two decades of sustained membership losses û the longest, deepest decline in British labour history yielding a cumulative fall of over 5 million members. This paper analyses that haemorrhage in membership and asks whether or not the recent...
Persistent link: https://www.econbiz.de/10009440483
Se examinan los vinculos entre las instituciones españolas de relaciones laborales y sus resultados. La primera parte del trabajo considera los cambios habidos en diversas instituciones desde el fin del regimen franquista: la estructura de la negociacion colectiva ; la organizacion de los...
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