Effects of wages on job tenure |
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| Institution: | 1. Key Laboratory of Low-grade Energy Utilization Technologies and Systems, Chongqing University, Chongqing 400030, China;2. Institute of Engineering Thermophysics, Chongqing University, Chongqing 400030, China;1. University of Nis, Agricultural Faculty, Kosanciceva 4, 37 000, Krusevac, Serbia;2. University of Nis, Faculty of Science and Mathematics, Visegradska 33, 18 000, Nis, Serbia;3. Chemical Agrosava, Palmira Toljatija 5, 11 000, Belgrade, Serbia;4. University of Nis, Medical Faculty, Bulevar Dr Zorana Djindjica 81, 18 000, Nis, Serbia;1. Steadman Hawkins Clinic of the Carolinas, Greenville Health System, Greenville, SC, U.S.A.;2. Department of Surgery, Tripler Army Medical Center, Honolulu, Hawaii, U.S.A.;3. Triangle Orthopaedics, Durham, North Carolina, U.S.A. |
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| Abstract: | In this article, the effect of wages on the job tenure is studied using microeconomic data on industrial companies. The data cover a period of 11 years starting from the first quarter of 1980 and contain several pieces of information on workers, jobs, and companies. The models were estimated in a competing risk framework. According to the results the wage groups of the workers and relative wage within a company are positively related to the job tenure. These effects are larger among the persons who leave the industry than among the persons who find new industrial jobs. |
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