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来源类型Working Paper
规范类型报告
DOI10.3386/w6966
来源IDWorking Paper 6966
Has Job Security Vanished in Large Corporations?
Steven G. Allen; Robert L. Clark; Sylvester J. Schieber
发表日期1999-02-01
出版年1999
语种英语
摘要The prevailing wisdom in media accounts is that job stability has vanished, especially for those in large corporations. Academic studies of job stability have found little difference between the 1990s and earlier decades, but these studies have not been able to focus on large firms. This paper provides the first detailed analysis of job stability in large corporations in the 1990s using a sample of 51 firms that are clients of Watson Wyatt Worldwide. We find that mean tenure and the percentage of employees with 10 or more years of service have actually increased in our sample. Even in large firms with shrinking employment, the odds that a worker would be with the same employer five years later were higher than the same odds for the labor market as a whole. There is no evidence that mid-career employees have been singled out in downsizing decisions; their turnover rate is the same in both growing and downsizing firms. Regression analysis shows that the impact of downsizing is still being borne by the most junior workers and that there is no evidence that rising wage differentials by experience are encouraging firms to substitute junior for senior workers.
主题Labor Economics ; Unemployment and Immigration ; Industrial Organization ; Firm Behavior
URLhttps://www.nber.org/papers/w6966
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/564481
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GB/T 7714
Steven G. Allen,Robert L. Clark,Sylvester J. Schieber. Has Job Security Vanished in Large Corporations?. 1999.
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