Working in Family Firms: Paid Less But More Secure? Evidence from French Matched Employer-Employee Data
1
ERMES -
Equipe de recherche sur les marches, l'emploi et la simulation
2 CEP - LSE - Centre for Economic Performance
3 PSE - Paris-Jourdan Sciences Economiques
4 PSE - Paris School of Economics
5 LEDa - Laboratoire d'Economie de Dauphine
6 Legos - Laboratoire d'Economie et de Gestion des Organisations de Santé
7 EconomiX - EconomiX
2 CEP - LSE - Centre for Economic Performance
3 PSE - Paris-Jourdan Sciences Economiques
4 PSE - Paris School of Economics
5 LEDa - Laboratoire d'Economie de Dauphine
6 Legos - Laboratoire d'Economie et de Gestion des Organisations de Santé
7 EconomiX - EconomiX
Andrea Bassanini
- Fonction : Auteur
- PersonId : 991183
Thomas Breda
- Fonction : Auteur
- PersonId : 181756
- IdHAL : thomas-breda
- ORCID : 0000-0002-6356-7771
- IdRef : 176157824
Antoine Rebérioux
- Fonction : Auteur
- PersonId : 176659
- IdHAL : antoine-reberioux
- ORCID : 0000-0003-1246-0605
- IdRef : 074763466
Résumé
The authors study compensation packages in family- and non-family-owned firms. Using French matched employer-employee data, they first find that family firms pay on average lower wages. Part of this wage gap is due to low-wage workers sorting into family firms and high-wage workers sorting into non-family-owned firms; however, they also find evidence that company wage policies differ according to ownership status, so that the same worker is paid differently under family and non-family firm ownership. In addition, family firms are characterized by lower job insecurity, as measured by lower dismissal rates. Family firms appear to rely less on dismissals, and more on hiring reductions, than do non-family-owned firms when they downsize. Compensating wage differentials account for a substantial part of the inverse relationship between the family/non-family gaps in wages and job security.
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
Working in Family Firms: Paid Less But More Secure? Evidence from French Matched Employer-Employee Data
|
Résumé |
en
The authors study compensation packages in family- and non-family-owned firms. Using French matched employer-employee data, they first find that family firms pay on average lower wages. Part of this wage gap is due to low-wage workers sorting into family firms and high-wage workers sorting into non-family-owned firms; however, they also find evidence that company wage policies differ according to ownership status, so that the same worker is paid differently under family and non-family firm ownership. In addition, family firms are characterized by lower job insecurity, as measured by lower dismissal rates. Family firms appear to rely less on dismissals, and more on hiring reductions, than do non-family-owned firms when they downsize. Compensating wage differentials account for a substantial part of the inverse relationship between the family/non-family gaps in wages and job security.
|
Auteur(s) |
Andrea Bassanini
1
, Thomas Breda
2
, Eve Caroli
3, 4, 5, 6
, Antoine Rebérioux
7
1
ERMES -
Equipe de recherche sur les marches, l'emploi et la simulation
( 985 )
- 12, Place du Panthéon 75230 PARIS CEDEX 05
- France
2
CEP - LSE -
Centre for Economic Performance
( 151088 )
- Centre for Economic Performance
London School of Economics and Political Science
Houghton Street
London
WC2A 2AE
UK
- Royaume-Uni
3
PSE -
Paris-Jourdan Sciences Economiques
( 139754 )
- 48 boulevard Jourdan 75014 Paris
- France
4
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
5
LEDa -
Laboratoire d'Economie de Dauphine
( 163511 )
- "Place du Maréchal de Lattre de Tassigny 75775 PARIS Cedex 16 "
- France
6
Legos -
Laboratoire d'Economie et de Gestion des Organisations de Santé
( 163517 )
- "Université Paris-Dauphine Place du Maréchal de Lattre de Tassigny 75775 PARIS Cedex 16 "
- France
7
EconomiX -
EconomiX
( 2564 )
- Bâtiment G
200 Avenue de la République
92001 NANTERRE CEDEX
- France
|
Date de publication |
2013-04
|
Numéro |
2
|
Page/Identifiant |
433-466
|
Comité de lecture |
Oui
|
Vulgarisation |
Non
|
Langue du document |
Anglais
|
Nom de la revue |
|
Audience |
Non spécifiée
|
Volume |
66
|
Financement |
|
Domaine(s) |
|
Mots-clés |
en
Family firms, Non-family firms, French matched employer-employee data
|
DOI | 10.1177/00197939130660020 |
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