Icelandic university teachers, the Ministry of Finance and the University of Iceland have been conducting an interesting experiment by changing the form of remuneration of university teachers in a fundamental way. This paper accounts for the development of university teachers salaries the last...

The management of pay in Britain has changed substantially in recent years. The paper starts with a theoretical discussion of the extent to which individual employers can exercise discretion in the management of their employees' pay. It then examines the ways in which pay is used to secure...

For some time now, Swiss trade unions have been demanding a substantial increase of the wages in the lowest income segments, especially in the retail and catering service industries. At present, increases for the sales personell in the retail industry stand in the forefront of trade union...

Over the last two decades, high – and, in some countries, rising – rates of low-wage work have emerged as a major political concern. If low-wage jobs act as a stepping stone to higher-paying work, then even a relatively high share of low-wage work may not be a serious social problem. If,...

The 1996 Act establishes a preventive wage norm, based on the expected evolution of the labour costs in three reference countries, namely France, Germany and the Netherlands. It refers for those three countries to forecasts drawn up by the OECD. In its "Economic Outlook", the Federal Planning...

About 7.4 million Asian Americans and Pacific Islanders (AAPI) work in the United States, making up 5.3 percent of the total U.S. workforce. About 7.1 million of these AAPI workers are Asian Americans; about 300,000 are Pacific Islanders. The AAPI workforce is almost 20 times larger today than...

This paper analyzes if unemployment can be reduced through labor tax cuts that are financed in a revenue neutral way through energy tax increases. In contrast to other papers on this topic we consider investment behavior of firms in energy saving technologies, irreversibilities, embodied...

Traditional Japanese labour market practices, which benefited both workers and firms during the highgrowth era, are no longer appropriate in the context of slow economic growth and rapid population ageing. Reforms are needed in light of the upward trend in non-regular employment to break down...

This article presents the results of a survey of Bulgarian industrial organizations with respect to their clashes with the world financial and economic crisis’s effects on local economy. The crisis manifestations under business environment specificity factors and important cultural aspects of...