Impact Of Wage Research Articles

Kompensasi, Motivasi, dan Komitmen Kerja Terhadap Kinerja

This researcher aims to find out the impact of substandard wages, encouragement to work and commitment to the performance of PT. Mighty Steel. This research method is quantitative and quantitative descriptive. Multiple linear regression is a statistical analysis method used to determine the relationship involving one dependent variable with two or more independent variables. The results showed that the calculated F test value of 1.275 F was tabled at 1.66 and had a significance level of 0.000 <0.05 from the Y (bound) variable of Performance which could be explained through the X (free) variable compensation, motivation, and work commitment, and as many as 98 .9% is translated through different variables outside the variables applied in this Case Study. In conclusion, simultaneously that the variables of compensation (X1), motivation (X2), and work commitment (X3) have a significant good impact on work performance variables for PT. Sarana Baja Perkasa workers in Medan Raya Harbor 2 Kampung Salam Belawan.
 Keywords: Employee Performance, Work Commitment, Compensation, Motivation

The Impact of Minimum Wage on Enterprise Employees

The minimum wage refers to the minimum labor remuneration standard set by the government, which aims to ensure the basic living needs and increase income of workers, and is also an important means of maintaining social fairness and justice. However, the impact of the minimum wage on enterprise employees is complex and diverse. In the following article, we will analyze the impact of minimum wage on employees from multiple perspectives.

The impact of the provincial minimum wage on environmental quality in indonesia

This research aims to determine the relationship between provincial minimum wages, poverty, unemployment, and income inequality to the environmental quality index (EQI). This research also aims to demonstrate if the Environmental Kuznet Curve (EKC) hypothesis is applicable in Indonesia. This research utilized secondary data collected from 33 provinces in Indonesia between 2012 and 2021. This research used panel regression with Fixed Effect Model (FEM) as the research method. The research results indicated that the provincial minimum wages and poverty positively and significantly affected the EQI. The results also demonstrated that the EKC hypothesis holds true in Indonesia, as illustrated by the significance of the GRDP per capita and GRDP per capita squared. Meanwhile, this research showed that unemployment and income inequality did not significantly impact the environmental quality index. This study offered a new analysis on the impact of provincial minimum wage on EQI in Indonesia. Therefore, this study has contributed to the additional information to the body of knowledge. The government needs to strive for an increase in the development and use of environmentally friendly products, as well as optimization of environmental protection programs. In addition, government needs to increase the provincial minimum wage according to limits set to improve environmental quality. The limited variables and research methods used are expected that further research can complement this study.

Does minimum wages affect executive compensation? – Evidence from China

Based on the urban minimum wage data in China from 2011 to 2021 and the Chinese listed firm data, this study empirically examined the impact of the minimum wage hike on corporate executive compensation. We found that the increase in the minimum wage significantly increased executive compensation. This conclusion still holds through multiple endogenous analyses. Labor expenditure and investment expenditure are the main mechanisms by which minimum wage hikes lead to increases in executive compensation. The impact of minimum wages on executive compensation is more pronounced in competitive industries and labor-sensitive companies, but less pronounced in companies with stricter internal and external monitoring. Further, we found that a minimum wage hike will reduce pay-performance sensitivity and widens the pay gap between executives and employees.

Uncovering the Link between MGNREGA Expenditure and Employment Generation: Exploring the Impact of Wages, Materials and Administration Costs

Uncovering the Link between MGNREGA Expenditure and Employment Generation: Exploring the Impact of Wages, Materials and Administration Costs

Evidence of the Unintended Labor Scheduling Implications of the Minimum Wage

Problem definition: The effect of the minimum wage is an important yet controversial topic that has received attention for decades. Our study is the first to take an operational lens and empirically study the impact of the minimum wage on firms’ scheduling practices. Methodology/results: Using a highly granular data set from a chain of fashion retail stores, we estimate that a $1 increase in the minimum wage, although having a negligible impact on the total labor hours used by the stores, leads to a 27.7% increase in the number of workers scheduled per week, but a 19.4% reduction in weekly hours per worker. For an average store in California, these changes translate into four extra workers and five fewer hours per worker per week. Such scheduling adjustment not only reduces the total wage compensation per worker but also reduces workers’ eligibility for benefits. We also show that the minimum wage increase reduces the consistency of weekly and daily schedules for workers. For example, the absolute (relative) deviation in weekly hours worked by each worker increases by up to 32.9% (6.6%) and by up to 9.7% (2.1%) in daily hours, as the minimum wage increases by $1. Managerial implications: Our study empirically identifies and highlights a new operational mechanism through which increasing the minimum wage may negatively impact worker welfare. Our further analysis suggests that the combination of the reduced hours, lower eligibility for benefits, and less consistent schedules (that resulted from the minimum wage increase) may substantially hurt worker welfare, even when the overall employment at the stores stay unchanged. By better understanding the intrinsic tradeoff of firms’ scheduling decisions, policy makers can better design minimum wage policies that will truly benefit workers. Supplemental Material: The online appendix is available at https://doi.org/10.1287/msom.2023.1212 .

Regulating Public Sector Wages in Times of Inflation and Constitutional Restraints

Purpose: The article discusses the impact of public sector wages and inflation on various aspects of a country’s socioeconomic development. Methodology: Using Slovenia as a case study, the article focuses on how inflation impacts collective bargaining and wage regulation in the public sector, as well as the role of constitutional fiscal restraints in collective bargaining in the public sector. The research employs qualitative methods and focuses on patterns in existing documents and empirical case studies, and a comparative method involving Hungary. Findings and Academic contribution to the field: The article examines the impact of inflation on collective bargaining and wage regulation in the public sector. It concludes that inflation, even with (some) constitutional fiscal restraints in place, can affect collective bargaining and wage regulation in the public sector, depending on the bargaining power of unions and employers and specific provisions outlined in collective bargaining agreements and wage regulations.

State Minimum Wage Increases As a Potential Policy Lever to Reduce Black-White Disparities in Hypertension.

Black adults are disproportionately burdened by hypertension. Income inequality is associated with elevated risk of hypertension. Minimum wage increases have been explored as a potential policy lever to address the disparate impact of hypertension on this population. However, these increases may have no significant impact on health among Black adults due to structural racism and "diminished gain" of health effects from socioeconomic resources. This study assesses the relationship between state minimum wage increases and Black-White disparities in hypertension. We merged state-level minimum wage data with survey data from the Behavioral Risk Factor Surveillance System (2001-2019). Odd survey years included questions about hypertension. Separate difference-in-difference models estimated the odds of hypertension among Black and White adults in states with and without minimum wage increases. Difference-in-difference-in-difference models estimated the impact of minimum wage increases on hypertension among Black adults relative to White adults. As state wage limits increase, the odds of hypertension significantly decreased among Black adults overall. This relationship is largely driven by the impact of these policies on Black women. However, the Black-White disparity in hypertension worsened as state minimum wage limits increased, and the magnitude of this disparity was larger among women. States having a minimum wage above the federal wage limit are not sufficient to combat structural racism and reduce the disparities in hypertension among Black adults. Rather, future research should explore livable wages as a policy lever to reduce disparities in hypertension among Black adults.

How elastic is labor demand? A meta-analysis for the German labor market

The own-wage elasticity of labor demand measures the effect of higher wages on firms’ demand for labor and, thus, determines the impact of supply shocks, minimum wages, and collective wage agreements on the labor market. I carry out a comprehensive meta-analysis to shed light on the nature of this parameter, leveraging 705 elasticity estimates from 105 studies on the German labor market. The average elasticity is −0.43, but entails important heterogeneity: Labor demand turns out particularly elastic for low- and high-skilled workers, in the long run, and for internationally operating firms. While empirical designs that address endogeneity deliver more negative elasticities, the analysis does not support any systematic differences by region or by margin of adjustment.

Factors Affecting the Decision to Work at Ampera 2 Tak Restaurant Branch Veteran Bintaro, South Jakarta

The purpose of this study is to evaluate the impact of employee age, wages, and work discipline on the decision to work at Ampera 2 Tak Cabang Veteran Bintaro Restaurant. This research is a quantitative descriptive study with multiple analysis methods using SPSS software. The population and sample in this study consisted of 32 employees at Ampera 2 Tak Cabang Veteran Bintaro Restaurant, with a saturated sampling technique used. Data were collected using a questionnaire using the Likert scale with a range of values from 1 to 5. The results of the study showed that employee age, wages, and work discipline have a significant impact on the decision to work. Employee age has a significant impact on the decision to work because the majority of employees at Ampera 2 Tak Cabang Veteran Bintaro Restaurant are young and productive, thus they have high creativity in completing their tasks and have a high sense of responsibility towards assigned tasks. Wages also have a significant impact on the decision to work because the wages given by Ampera 2 Tak Cabang Veteran Bintaro Restaurant can meet the financial needs of employees. Work discipline also has a significant impact on the decision to work, because employees who are disciplined in carrying out their tasks can use their time and energy more effectively to complete their assigned tasks.

ОСОБАЯ РОЛЬ РЫНКА ТРУДА КАК УНИВЕРСАЛЬНОГО ФАКТОРА ПРОИЗВОДСТВА\

In modern conditions of the economy, unstable financial and political processes, the labor market is undergoing serious changes on a global scale. The article discusses the demand and supply of labor, the impact of migration processes, unemployment rates, the dynamics of the domestic and international markets, both at the macroeconomic and microeconomic levels. A study of the labor market as an economic system is given, taking into account the indicators of GDP and GNI. The ratio of supply and demand in the labor market in macroeconomic theory is considered, the dependence of wages on working hours is given. Attention is focused on the analysis of the relationship between the labor market and the unemployment rate. The data on the unemployment rate for the constituent entities of the Russian Federation, indicators of the impact of the minimum wage and migration (immigration) on the labor market, the results of economic data on migration in the labor markets of the Migration Advisory Committee (MAC) are provided.

INFLASI, UPAH DAN PENGANGGURAN DI KABUPATEN MAJALENGKA (PENDEKATAN ERROR CORRECTION MODEL)

The purpose of this research is to look at the short-term and long-term impacts of inflation and wages on unemployment in Majalengka Regency. The subjects of this research analysis are inflation, wages, and unemployment in Majalengka Regency from 2008 to 2022, this study employs a quantitative approach, meaning the use of numbers. Secondary data were acquired from archives issued by the West Java Province and Majalengka Regency's Central Bureau of Statistics. The Domowitz-El Badawi error correction model was employed in the analysis. According to the findings, inflation has a positive impact on unemployment in the near term but a negative and significant impact on it in the long run. This suggests that inflation remains a concern for the economy, particularly in the short term. The impact of wages on unemployment is negative and considerable both in the short and long terms. This indicates that too high wages may cause the demand for work decline, which would increase unemployment. To keep wages at a level that balances the supply and demand for labor, a collective agreement is thus required between workers, the government, and businesses. This will assist to reduce the long-term detrimental effects of inflation and wages on unemployment.

The Impact of Wages on Care Home Quality in England.

In many countries, a large proportion of long-term care staff are paid at, or near, minimum wage, leading to concerns of negative effects on care outcomes. This study analyzed the effect of staff wages on care home quality ratings in England. A national staffing database of long-term care providers was matched with local-area information on needs and supply to construct a 3-year panel (2016-2018) of English care home observations. Using multiple imputation methods to address missing data provided a data set of 12,055 observations of 5,556 care facilities (both residential and nursing homes). We analyzed the effect of the facility-level average hourly wage of care staff on national regulator quality ratings. A measure of the impact of exogenous changes in the national minimum wage on care facilities was used as an instrument for wage. We find that wages positively affect care home quality ratings. Other things equal, a 10% increase in the average hourly wage of direct care workers would lead to a 7.1% increase in the likelihood that a care home will have a high-quality rating. The wage effect on quality was significant when controlling for staff skill mix, measured as the share of registered nurses in nursing home staff. This study provides important evidence of the positive impact that staff pay can have on the quality of long-term care. Our finding has important implications for appropriate levels of pay and the funding of long-term care.

Impact of Wages and Salary Administration on the Performance of the Employee of Indian Sugar Industry: A Study

Impact of Wages and Salary Administration on the Performance of the Employee of Indian Sugar Industry: A Study

How does offshoring affect the wage impact of immigration?

Economic literature has recently begun to recognize that the labor market effects of immigration and offshoring are not always independent. The full set of mechanisms through which immigration and offshoring interact is still not well understood. This study demonstrates that the effect of low-skilled immigration on wages of American workers depends on the level of offshoring exposure and explains the likely economic mechanism responsible. Empirically, we find that wages of low-skilled natives decrease due to low-skilled immigration, but the wage effect of immigration becomes less negative with more offshoring. A theoretical model demonstrates that offshoring reduces native wage elasticity in response to immigration if it decreases immigrant wage share; this happens if a relatively larger share of immigrant than native jobs is offshored, causing immigrants to shift to tasks in which they have lower comparative advantage.

The Effect Of Minimum Wages And MSMEs On Economics Growth In Tulungagung

The stability of the region can be shown in the economic growth. One's income can be used to examine welfare. MSMEs and the minimum wage are two sources of personal income. The goal of this study is to ascertain how Tulungagung's economic growth is impacted by the minimum wage and the number of umkm. Secondary data were used in this study, and literature studies were conducted to get them. The used data spans the years 2011 through 2021. Multiple linear regression is the analytical technique utilized to ascertain the impact of the minimum wage and the proportion of MSMEs on Tulngagung's economic growth. According to the study's findings, the number of MSMEs has an impact on Tulungagung's economic growth whereas the minimum wage has no bearing on it. The minimum wage and the proportion of MSMEs, meanwhile, have an impact on Tulungagung's economic expansion.

Wage and Employment Impact of Minimum Wage: Evidence from Lithuania

This paper evaluates the worker-level effects of a historically large and permanent increase in the minimum wage in Lithuania. Our identification strategy leverages variation in workers’ exposure to the new minimum wage, and exploits the fact that there has been no increase in the minimum wage in previous years, to account for heterogeneous labor market prospects of low-wage workers relative to high-wage workers. Using detailed administrative records to track workers before and after the policy change, we show that the minimum wage hike significantly increased the earnings of low-wage workers. This direct effect was amplified by wage spillovers reaching the median of the pre-policy income distribution. Overall, we find no negative effects on the employment prospects of low-wage workers. However, we provide suggestive evidence that young workers, highly exposed municipalities, and tradable sectors may be more negatively affected. In contrast, labor market concentration or the presence of envelope wages appear to be associated with lower job losses. Taken together, our findings imply an employment elasticity with respect to the minimum wage of −0.021, and an own-wage elasticity of −0.033, suggesting that wage gains dominated employment losses.

Impact of Wages and Social Compliance on Employee Job Satisfaction in the Readymade Garments Industry of Bangladesh: The Mediating Role of Employee Motivation

Despite rapid expansion, the ready-made garments (RMG) sector in Bangladesh is struggling to keep its workers satisfied. The purpose of this research is to examine the intermediary function of employee motivation in the relationship between wages and social compliance and job satisfaction in Bangladesh’s RMG sector. This study’s overarching goal is to examine the mediating function of employee motivation in the connection between wages, social compliance, employee motivation, and employee job satisfaction in the RMG sector of Bangladesh. This study uses a quantitative methodology, collecting data from 475 workers in the Bangladeshi garments sector, and analyzes it with partial least squares structural equation modeling (PLS-SEM). A self-administered questionnaire was used to collect data, and SmartPLS 4.0 was used for statistical analysis. The results show that wages and social compliance have a beneficial influence on worker drive and contentment. In addition, in the RMG sector of Bangladesh, the connection between pay, societal conformity, and job satisfaction is mediated by employees’ levels of motivation. The study suggests that RMG factories should focus on providing fair wages and ensuring social compliance to improve employee motivation and job satisfaction. Additionally, it is recommended that management should encourage employee motivation through training and development programs, recognition, and rewards to enhance job satisfaction.

The minimum wage in Ecuador

This article aims to present an overview of the impact of the minimum wage (MW) on the labour market in Ecuador. This Andean country is taken as a sample of all the countries in the region, with similar structural limitations in their labour markets. In Ecuador, the MW is positioned in the intermediate deciles. In the lower deciles, most of the workforce is informal or self-employed. The ‘lighthouse effect’ of the MW on the rest of the employed and self-employed workers is presumed to be the main force in reducing poverty and inequality. The lack of compliance with the labour regulation is, in part, explained by low levels of demand and productivity. These factors would limit firms’ ability to hold a wage increase and unemployment would rise. As savings are low and the welfare state does not offer a safety net to guarantee subsistence without a job, unemployed workers quickly transition into informality and self-employment. We use a two-way fixed effects regression to test this hypothesis. Results show that they cannot be rejected, suggesting the need for new labour policies to reduce poverty and inequality, according to the economic reality of the region.

The Impact of Wage Taxes on Income-Based Gender Inequality in Turkiye

This study investigates implicit gender bias in Turkey's income tax system using panel data from TURKSTAT's household budget survey from 2002 to 2013. The system primarily operates on a withholding tax basis, employing progressive tax rates and a Minimum Living Allowance to reduce payable income tax. Despite addressing the ability to pay, no concrete measures were implemented during that period to bridge the gender pay gap or enhance employment incentives. Regression models using panel data reveal bias in favor of male wage earners regarding income tax tariffs and minimum living allowances within the analyzed period.