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{ "item_title" : "Compensation in Part-Time Jobs Versus Full-Time Jobs", "item_author" : [" Michael K. Lettau", "Us Bureau of Labor Statistics (Bls) "], "item_description" : "I use data from the BLS' Employment Cost Index (ECI) Program to document differences in compensation between part-time and full-time jobs. The design of the ECI survey allows me to compare wage and nonwage compensation in jobs from the same establishment and occupation, but where one job is part-time and the other job is full-time. I find that compensation per hour is substantially lower in part-time jobs than in full-time jobs, even when the jobs are from the same establishment and occupation. Supplementary results using data from the Current Population Survey suggest that human capital differences between part-time and full-time workers explain at most a minority of the large difference in expected compensation. Therefore, the results suggest that an individual can expect a lower wage rate if he or she decides to work part-time rather than full-time, and much lower benefits per hour.", "item_img_path" : "https://covers4.booksamillion.com/covers/bam/1/24/926/768/1249267684_b.jpg", "price_data" : { "retail_price" : "17.75", "online_price" : "17.75", "our_price" : "17.75", "club_price" : "17.75", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }
Compensation in Part-Time Jobs Versus Full-Time Jobs|Michael K. Lettau

Compensation in Part-Time Jobs Versus Full-Time Jobs : What If the Job Is the Same?

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Overview

I use data from the BLS' Employment Cost Index (ECI) Program to document differences in compensation between part-time and full-time jobs. The design of the ECI survey allows me to compare wage and nonwage compensation in jobs from the same establishment and occupation, but where one job is part-time and the other job is full-time. I find that compensation per hour is substantially lower in part-time jobs than in full-time jobs, even when the jobs are from the same establishment and occupation. Supplementary results using data from the Current Population Survey suggest that human capital differences between part-time and full-time workers explain at most a minority of the large difference in expected compensation. Therefore, the results suggest that an individual can expect a lower wage rate if he or she decides to work part-time rather than full-time, and much lower benefits per hour.

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Details

  • ISBN-13: 9781249267683
  • ISBN-10: 1249267684
  • Publisher: Bibliogov
  • Publish Date: August 2012
  • Dimensions: 9.69 x 7.44 x 0.11 inches
  • Shipping Weight: 0.25 pounds
  • Page Count: 54

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