Effort-based career opportunities and working time

Massimiliano Bratti () and Stefano Staffolani

Departmental Working Papers from Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano

Abstract: In this paper we describe the hypothesis of effort-based career opportunities as a situation in which profit maximizing firms create incentives for employees to work longer hours than the bargained ones, by making career prospects dependent on working hours. When effort-based career opportunities are effective, they raise working time and output per worker reducing workers' utility. A first attempt is made to empirically estimate the relationship between hours worked and the expected opportunities of promotion using the British Household Panel Survey data set. Our analysis shows that the perceived probability of promotion increases with working time and that this result is robust to various econometric specifications

Keywords: bargaining; career; personnel management; promotion; welfare; working time (search for similar items in EconPapers)
JEL-codes: J22 J23 J50 M12 (search for similar items in EconPapers)
Date: 2005-01-01
New Economics Papers: this item is included in nep-bec
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http://wp.demm.unimi.it/files/wp/2005/DEMM-2005_002wp.pdf (application/pdf)

Related works:
Journal Article: Effort‐based career opportunities and working time (2007)
Working Paper: Effort-Based Career Opportunities and Working Time (2005)
Working Paper: Effort-Based Career Opportunities and Working Time (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:mil:wpdepa:2005-02

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