Full Citation

Title: Overtime Premiums, Labor Supply, and the Social Value of Occupations

Citation Type: Miscellaneous

Publication Year: 2015

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Abstract: This paper proposes nonpecuniary reasons for salaried employees to work overtime. I observe that occupations in which the wage premium for long working hours is relatively small tend to be associated with high levels of job satisfaction. I find that the social value of an occupation, for example the degree to which jobs involve helping or providing service to others, is inversely related to overtime pay: workers in helping occupations are less likely to be directly compensated for weekly hours above 40. Furthermore, women are more strongly drawn to such occupations and willing to give up more in terms of overtime compensation without reducing their hours in exchange for higher occupational social value.

Url: https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0ahUKEwjIrd368JXTAhXr54MKHZ1fCY8QFggeMAA&url=https%3A%2F%2Fwww.aeaweb.org%2Fconference%2F2016%2Fretrieve.php%3Fpdfid%3D807&usg=AFQjCNH_pmNhwFE0HJDcbb5hN8BZyEcbTw&sig2=6wIqkvnRMk05xX1ie45r

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Authors: Gicheva, Dora

Publisher: UNC Greensboro

Data Collections: IPUMS USA

Topics: Labor Force and Occupational Structure

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