Personnel Decisions, Wage Profiles and Investment in Firms

25 Pages Posted: 16 Nov 2011

See all articles by John Douglas Skåtun

John Douglas Skåtun

affiliation not provided to SSRN

Ioannis Theodossiou

University of Aberdeen - Business School

Date Written: December 2011

Abstract

An investment model where firms mitigate adverse hold‐up effects using hiring and personnel policies is theoretically investigated and empirically scrutinized. While no evidence for the prediction of differing worker characteristics, other than gender, across firms is found, demand (firm) side factors are evident in the hiring process. Evidence on other personnel policies is consistent with theory, which predicts firms with high‐investment expenditures resist unions, utilize more temporary and shift‐time workers and conduct more multitask training. Wages in high‐investment firms are higher, more sensitive to unemployment and experience variables that exhibit greater effects than in low‐investment firms.

Suggested Citation

Skåtun, John Douglas and Theodossiou, Ioannis, Personnel Decisions, Wage Profiles and Investment in Firms (December 2011). British Journal of Industrial Relations, Vol. 49, Issue 4, pp. 742-766, 2011, Available at SSRN: https://ssrn.com/abstract=1960427 or http://dx.doi.org/10.1111/j.1467-8543.2011.00867.x

John Douglas Skåtun (Contact Author)

affiliation not provided to SSRN

No Address Available

Ioannis Theodossiou

University of Aberdeen - Business School ( email )

Edward Wright Building
Dunbar Street
Aberdeen, Scotland AB24 3QY
United Kingdom

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
1
Abstract Views
253
PlumX Metrics