Reference wages and turnover intentions: evidence from linked employer-employee data
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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Reference wages and turnover intentions : evidence from linked employer-employee data. / Mohrenweiser, Jens; Pfeifer, Christian.
in: Applied Economics Letters, 2022.Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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TY - JOUR
T1 - Reference wages and turnover intentions
T2 - evidence from linked employer-employee data
AU - Mohrenweiser, Jens
AU - Pfeifer, Christian
PY - 2022
Y1 - 2022
N2 - This research note analyzes the nexus between workers’ turnover intentions and workers’ own wages, internal and external reference wages. Worker and establishment surveys are linked with administrative social security data for all workers in surveyed establishments. Approximately half a million worker-year observations are used to predict conditional internal and external reference wages. Results show that higher external and internal reference wages are correlated with higher turnover intentions. Thus, external reference wages seem to serve as outside options and higher reference wages of co-workers seem rather to reduce own social status than to signal better future prospects at the current employer.
AB - This research note analyzes the nexus between workers’ turnover intentions and workers’ own wages, internal and external reference wages. Worker and establishment surveys are linked with administrative social security data for all workers in surveyed establishments. Approximately half a million worker-year observations are used to predict conditional internal and external reference wages. Results show that higher external and internal reference wages are correlated with higher turnover intentions. Thus, external reference wages seem to serve as outside options and higher reference wages of co-workers seem rather to reduce own social status than to signal better future prospects at the current employer.
KW - Income comparison
KW - linked employer-employee data
KW - signal
KW - status
KW - turnover
KW - Economics
UR - http://www.scopus.com/inward/record.url?scp=85131693965&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/256435a0-f7e9-3040-b07c-0a3dd0b67adf/
U2 - 10.1080/13504851.2022.2086680
DO - 10.1080/13504851.2022.2086680
M3 - Journal articles
AN - SCOPUS:85131693965
JO - Applied Economics Letters
JF - Applied Economics Letters
SN - 1350-4851
ER -