Job Spells, Employer Spells, and Wage Returns to Tenure

Abstract The importance of communication skills is increasing on the labour market and a further strengthening of this trend is expected due to Industry 4.0. This development will have significant consequences for individuals’ employability, requirements on educational outcomes and gender equality. This article employs data from a representative survey of Czech employees (N = 1,500) replenished with information on requirements on their communication skills (Effective communication, Czech language and English language) in order to explore (a) the distribution of communication skills requirements on the labour market, (b) personal and job characteristics related to work positions requiring highly developed communication skills, and (c) wage returns to these skills. The results show that one standard deviation increase in job requirements on communication skills is connected with 5.8% wage premium. However, not everybody needs well-developed communication skills. Only a quarter of employees needs highly developed effective communication, Czech and English languages, while there is also a quarter of employees that needs only a very basic level of communication skills. The results also revealed that females perform more communication-intensive occupations than males do. Cognitive skills and the need to excel represent other significant factors correlated with higher job requirements on communication skills.

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Soft Skills and Their Wage Returns: Overview of Empirical Literature

Review of Economic Perspectives ◽

10.2478/revecp-2014-0001 ◽

2014 ◽

Vol 14 (1) ◽

pp. 3-15 ◽

Cited By ~ 13

Author(s):

Jiří Balcar

Keyword(s):

Gender Wage Gap ◽

Wage Gap ◽

Soft Skills ◽

Job Characteristics ◽

Empirical Literature ◽

Psychological Traits ◽

Wage Returns ◽

Two Factors ◽

Methodological Approaches

Abstract Psychological traits, attitudes and soft skills represent factors whose effect on an individual’s wages has begun to be examined recently. Today, there is an extensive empirical body on wage returns to the first two factors, but still a relatively small one on wage returns to soft skills, such as communication, cooperation, leadership etc. The aim of this paper is to provide an overview of empirical literature on wage returns to soft skills. It suggests that soft skills are connected with significant wage returns and contribute to closing the gender wage gap. The end of the paper focuses on a discussion on methodological approaches to measurement of soft skills and relevancy of their approximation by job characteristics (incl. suggestion of using tools of competency modelling for this purpose).

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Does Education and Experience Matter in the Distribution of Wages in Nepal? A Quantile Regression Approach

Economic Journal of Development Issues ◽

10.3126/ejdi.v28i1-2.33193 ◽

2019 ◽

pp. 1-14

Author(s):

Pujan Adhikari ◽

Kishor KC ◽

Siddha Raj Bhatta

Keyword(s):

Quantile Regression ◽

Informal Sector ◽

Wage Structure ◽

Maximum Effect ◽

Formal Sector ◽

Market Returns ◽

Agriculture Sector ◽

Wage Returns ◽

Return To Schooling ◽

Experience Effect

Labor market returns depend on the level of education as well as experience of the labors. Though education is argued to be the key determinant of wage rate, other factors such as the sector of employment, gender of the employee, marital status and work industry also matter. This paper investigates the returns from years of schooling and experience by examining the wage structure in formal, informal and agriculture sectors of Nepal. The Mincerion wage equation and quantile regression technique has been used to analyze such impact by utilizing the recent labor force survey data of Nepal. Our results show that wage returns are positively associated with schooling in all the three sectors. However, return to experience has negative association in case of agriculture sector. Furthermore, return to schooling has higher impact at higher quantile along with the distribution of wages in formal sector and informal sector. The maximum effect of education is 4 percent at 0.90 quantile in formal sector. An additional year of experience has high impact at lower-wage group in case of informal and formal sector. The effect varies from 9.2 percent at 0.1 quantile and 4.9 percent at 0.9 quantile in formal sector. The experience effect is higher at median (4.06 percent) in case of informal sector.

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Changes Across Cohorts in Wage Returns to Schooling and Early Work Experiences

SSRN Electronic Journal ◽

10.2139/ssrn.3236892 ◽

2018 ◽

Author(s):

Jared Ashworth ◽

V. Joseph Hotz ◽

Arnaud Maurel ◽

Tyler Ransom

Keyword(s):

Work Experiences ◽

Returns To Schooling ◽

Wage Returns

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Wage Mobility of Undocumented Workers in the United States

International Migration Review ◽

10.1177/019791839502900106 ◽

1995 ◽

Vol 29 (1) ◽

pp. 112-138 ◽

Cited By ~ 14

Author(s):

Marta Tienda ◽

Audrey Singer

Keyword(s):

United States ◽

Undocumented Immigrants ◽

Population Survey ◽

The United States ◽

Undocumented Migrants ◽

Foreign Born ◽

Undocumented Workers ◽

Region Of Origin ◽

Wage Returns ◽

Spanish Speaking

This study addresses two fundamental questions about the economic assimilation of undocumented immigrants in the United States: 1) how different recently legalized immigrants are from all foreign-born persons and native-born whites; 2) whether wages of undocumented immigrants improve as they acquire greater amounts of U.S. experience and, if so, how these improvements are comparable to those of immigrants in general. We analyze the Legalized Population Survey and the Current Population Survey to assess the returns to U.S. experience and find positive returns to U.S. experience for both undocumented migrants and all foreign-born men. Returns to U.S. experience depend on region of origin. Undocumented immigrants from Mexico received the lowest wage returns and men from non-Spanish-speaking countries received the highest returns to U.S. experience.

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