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

Terrance Hurley, James Kliebenstein and Peter Orazem

Staff General Research Papers Archive 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 conditions. Key words: benefits, compensation, earnings functions, hog production, technology, wages.

Date: 1999-02-01
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Published in American Journal of Agricultural Economics, February 1999, vol. 81 no. 1, pp. 144-163

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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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Persistent link: https://EconPapers.repec.org/RePEc:isu:genres:1475

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