The Impact of Non-Wage Benefits on Job Quality and Labor Market Outcomes in the Developing World : What Do We Know?
One indicator of job quality in the developing world is the extent to which workers are covered by nonwage mandated benefits. Mandated benefits are a class of labor market regulation that requires employers to provide their workers with some form o...
| Main Authors: | , |
|---|---|
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2009/12/11665311/impact-non-wage-benefits-job-quality-labor-market-outcomes-developing-world-know http://hdl.handle.net/10986/11714 |
| Summary: | One indicator of job quality in the
developing world is the extent to which workers are covered
by nonwage mandated benefits. Mandated benefits are a class
of labor market regulation that requires employers to
provide their workers with some form of non-wage pay or
benefits. These benefits are typically fully financed by the
employer or the employer-worker pair, and administered at
the firm level. This note summarizes the existing knowledge
and research on the effects of providing higher mandated
benefits on labor market outcomes. In particular, the
authors focus on the evidence available for developing
economies. The authors discuss the potential advantages and
drawbacks of providing mandated benefits (as implied by
economic theory), summarize some of the existing empirical
literature on the impact of mandated benefits. This note
sets out to introduce some of the theory and existing
literature about mandated benefits, and to draw attention to
the need for more research about the impact of this type of policy. |
|---|