The Structure of Wages and Benefits in the U.S. Pork Industry

Terrance Hurley, James Kliebenstein and Peter Orazem

ISU General Staff Papers from Iowa State University, Department of Economics

Abstract: Pork production has evolved from relatively small, family-run operations toward large-scale operations with several employees. Important questions about the structure of compensation in this rapidly changing labor market are answered using probit and ordered probit models and data from a national survey of pork producers and their employees. The results suggest (i) the structure of wages in pork production is consistent with more developed labor markets; (ii) employees earn a wage premium for using advanced technology and working in larger operations; and (iii) employees are willing to accept lower wages in exchange for better benefits and working con- ditions.

Date: 1999-02-01
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Related works:
Journal Article: The Structure of Wages and Benefits in the U.S. Pork Industry (1999)
Working Paper: The Structure of Wages and Benefits in the U.S. Pork Industry (1999)
Working Paper: Structure of Wages and Benefits in the U.S. Pork Industry (1996)
Working Paper: STRUCTURE OF WAGES AND BENEFITS IN THE U.S. PORK INDUSTRY (1996)
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