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