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Pay determination in small firms is widely expected to follow the dictates of the market. Research on 81 firms in three competitive sectors finds, instead, loosely defined and variable pay structures. This variability is explained in terms of the interplay between labour and product markets,...
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The introduction of the National Minimum Wage (NMW) had potentially significant implications for small firms. Orthodox economic theory predicts adverse consequences, though institutional analysis points to potential efficiency as well as fairness effects. Using longitudinal data on 55 firms,...
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Rather than legal enactment and collective bargaining being the main engines of the 'Europeanisation' of industrial relations, benchmarking and 'soft' forms of regulation are increasingly to the fore. This article traces the origins of benchmarking from management tool to regulatory instrument,...
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