Full Citation

Title: The Cross-Section of Non-Wage Benefits

Citation Type: Miscellaneous

Publication Year: 2017

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Abstract: Over the past 40 years, the share of non-wage benefits in employee compensation grew from 5% to 30%. Using data from Glassdoor, we first document a series of stylized facts about the provision and quality of non-wage benefits and their correlations with firm characteristics. We subsequently test plausible hypotheses explaining the heterogeneity of non-wage benefits quality: (i) tax benefits, (ii) attracting and retaining specific employee groups, and (iii) mitigating the disutility of work. We find empirical evidence in support of all three hypotheses.

Url: https://pdfs.semanticscholar.org/8482/7b50c92d87e8d1e364678294bae35a855539.pdf

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Authors: Liu, Tim; Makridis, Christos; Ouimet, Paige; Simintzi, Elena

Publisher: Kenan-Flagler Business School, University of North Carolina

Data Collections: IPUMS USA

Topics: Labor Force and Occupational Structure, Poverty and Welfare, Race and Ethnicity

Countries: United States