1st Edition

The Economics of Non-Wage Labour Costs (Routledge Revivals)

By Bob Hart Copyright 1984
190 Pages
by Routledge

208 Pages
by Routledge

192 Pages
by Routledge

Throughout the OECD, 30% of the average firm’s total labour costs comprises items which are other than direct remuneration. This reissue, first published in 1984, focuses upon these non-wage labour costs, which include; fringe-benefit payments, obligatory social-welfare contributions, holiday entitlements and expenditures on recruitment and training, seeking to make amends for the woeful lack of... Read more

1. Introduction  2. The Structure of Non-wage Labour Costs: Definitions and Distinctions  3. The Quantitative Importance of Non-wage Labour Costs  4. Why do Firms incur such Costs?  5. Factor Substitution and Non-wage Labour Costs  6. Cyclical Employment Effects  7. Wage Inflation and Wage Rigidities  8. Unemployment Insurance, Other Obligatory Social Welfare Contributions and Unemployment  9. Worksharing and Non-wage Labour Costs  10. Fringe Benefit Payments  11. Should Governments Attempt to Reduce Non-wage Labour Costs?

Biography

Bob Hart