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Full-Text Articles in Labor Relations
Paid Workers And Volunteers, Side By Side, Kevin F. Hallock
Paid Workers And Volunteers, Side By Side, Kevin F. Hallock
Economics Faculty Publications
Millions of Americans volunteer annually and, on average, volunteers are highly skilled individuals. With unpaid volunteers working alongside W2-paid employees, sometimes it is difficult in a workplace to distinguish one from the other. Motivations for volunteering are many and the author does not intend to fully explore the myriad reasons identified by social scientists for this behavior, including to gain experience, create a path to a paid job, offer service to others or gain personal recognition. An interesting study of volunteerism is Richard Freeman's Working for Nothing: The Supply of Volunteer Labor. Using data from a unique survey, Freeman showed …
Paying Professors, Kevin F. Hallock
Paying Professors, Kevin F. Hallock
Economics Faculty Publications
One of the most interesting quirks of academia is professional tenure. Many argue that tenure is necessary so that faculty can be protected by "academic freedom" to study the issues they find important without outside interference or pressures to conform. It is also, obviously, a nonmonetary reward and this security for life could offset higher salaries. Few accounts of the tenure system, however, recognize that while tenure essentially grants a job for life, it does not come with guaranteed lifetime raises. Some academic organizations, however, give roughly across the board annual raises. They don't seriously reward performance until a faculty …
Does Graduating In A Bad Economy Penalize Your Pay Tor Life?, Kevin F. Hallock
Does Graduating In A Bad Economy Penalize Your Pay Tor Life?, Kevin F. Hallock
Economics Faculty Publications
Rigorous research has shown that the state of the economy when one graduates from college does matter. And, unfortunately, given the current slow-growth labor market, it matters not just for earning in the first job after college but also for compensation years in the future. Recessions are bad on graduates' pocketbooks, at graduation and in years to come. If that's not enough, it looks like recessions could be bad for these graduates' current and future health too. J. Catherine Maclean studies the effects of graduating from college during a bad economy on physical functioning, mental functioning and depressive symptoms on …
Does More Education Cause Higher Earnings?, Kevin F. Hallock
Does More Education Cause Higher Earnings?, Kevin F. Hallock
Economics Faculty Publications
College graduates earned roughly 67% more per hour than high school graduates in the US in 2010. Those with more education earn more because the world of work measures in some manner that they are simply more productive in dollars and cents terms. Some signaling theory advocates argue that if the return to education were due to learning, then the returns should be smoothly proportional to the time spent in school. However, researchers have detected a larger jump in earnings for those who complete the final year of college. Whether different schools return differently is an extension of the learning …