The Shifting Job Tenure Distribution

Hyatt, Henry; Spletzer, James R.

doi:10.2139/ssrn.2740388

Cited by 17 publications

(28 citation statements)

References 39 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…This approximation is consistent with aggregate data on job tenure Hyatt and Spletzer (2016). use tenure supplements to the CPS and matched employer-employee data from the LEHD to document that roughly 20-25 percent of workers have tenure less than a year during the 2008-2014 period.…”

supporting

confidence: 73%

Aggregate Nominal Wage Adjustments: New Evidence from Administrative Payroll Data

Grigsby

Yildirmaz

2019

View full text Add to dashboard Cite

Using administrative payroll data from the largest U.S. payroll processing company, we document a series of new facts about nominal wage adjustments in the United States. We first show that per-period contract ("base") wages are a large share of compensation and are more persistent than bonuses suggesting that base wages may be a better proxy for allocative wages than average hourly earnings. Nominal base wage declines are much rarer than previously thought with only 2% of job-stayers receiving a nominal base wage cut during a given year. However, accounting for shifts in nominal wages of job-changers implies that aggregate nominal wages are more flexible than the base nominal wages of job-stayers. Other forms of compensation, such as bonuses, work similarly to sales in the output price literature, and provide a margin of short-run adjustment which may be important for earnings dynamics and for financially constrained firms. In addition, nominal wage adjustments are state-dependent: downward aggregate nominal wage adjustments were much more common during the Great Recessions than in the subsequent recovery period, and these downward adjustments were concentrated in industries hit hardest by the recession and in shrinking firms. Finally, we provide evidence that the flexibility of new hire base wages is similar to that of existing workers. Collectively, our results can be used to discipline models of worker nominal wage adjustments and models of wage rigidity. * We thank

show abstract

supporting

confidence: 73%

Aggregate Nominal Wage Adjustments: New Evidence from Administrative Payroll Data

Grigsby

Yildirmaz

2019

View full text Add to dashboard Cite

show abstract

“…This analysis is difficult to undertake in the CPS because job-to-job flows are not consistently measured pre-and post-2007(Fujita, Moscarini, and Postel-Vinay 2019).31 Given different data constructs, our results differ somewhat from related analysis in papers byHyatt and Spletzer. Hyatt and Spletzer (2016) examine how changes in the hiring rate (inflows into employment of less than one year of tenure) and tenure-specific separation rates have contributed to changes in employment shares for up to one year of tenure, 1 to 5 years of tenure, and more than 5 years of tenure.…”

mentioning

confidence: 65%

“…We are aware of only a few papers that have looked at both tails simultaneously Swinnerton and Wial (1995). looked comprehensively at four-year retention probabilities for workers in the CPS Job Training Supplements spanning the 1980s Hyatt and Spletzer (2016). jointly consider factors explaining the decline in very short tenure jobs and changes in longer tenure jobs.…”

mentioning

confidence: 99%

“…However, our analysis suggests that much of the change over time in EE flows occurs within the group of workers with less than one year of tenure. TheHyatt and Spletzer (2016) analysis abstracts from this, which may contribute to our differing conclusions about the relative contributions of hires from non-employment versus separations from other tenure categories to new hires into the lowest tenure bin. Hyatt and Spletzer (2017) examine single-quarter jobs more closely.…”

mentioning

confidence: 99%

See 1 more Smart Citation

Changing Stability in U.S. Employment Relationships: A Tale of Two Tails

Molloy¹,

Smith²,

Wozniak³

2020

FEDS

View full text Add to dashboard Cite

We confront two seemingly-contradictory observations about the US labor market: the rate at which workers change employers has declined since the 1980s, yet there is a commonly expressed view that long-term employment relationships are more difficult to attain. We reconcile these observations by examining how the distribution of employment tenure has changed in aggregate and for various demographic groups. We show that the fraction of workers with short tenure (less than a year) has been falling since the 1980s, consistent with the decline in job changing. Meanwhile, the fraction of workers with long tenure (20 years or more) has been rising modestly owing to an increase in long tenure for women and the ageing of the population. Long tenure has declined markedly among older men; this trend may have spurred popular perceptions that long-term employment is less common than in the past. The decline in long-tenure for men appears due to an increase in mid-career separations that reduce the likelihood of reaching long-tenure, rather than an increase in late-career separations. Nevertheless, survey evidence indicates that these changes in employment relationships are not associated with heightened concerns about job insecurity or decreases in job satisfaction as reported by workers. The decline in short-tenure is widespread, associated with fewer workers cycling among briefly-held jobs, and coincides with an increase in perceived job security among short tenure workers.

show abstract

“…In the United States, administrative data has been used to map the pattern of hires and separations over time, with the job tenure distribution shifting towards longer tenure jobs since 2000 (Hyatt and Spletzer 2016). Deelan (2012) uses administrative data from the Netherlands to investigate the role of wage-tenure profiles in explaining patterns of job mobility.…”

Section: Tenure Employment Spells and Wagesmentioning

confidence: 99%

Gender and the South African labour market: Policy relevant research possibilities using South African tax data

Ebrahim¹,

Lilenstein²

2019

WIDER Working Paper

View full text Add to dashboard Cite

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte.Abstract: This paper has three primary objectives. First, it provides a broad overview of the available South African data used to examine gender in the labour market, with specific reference to the South African Revenue Services (SARS) tax data which has recently been made available. Second, the paper provides a brief overview of the existing South African literature, with a focus on the gender dynamics of the labour market. Last, this paper identifies the areas in which the availability of the SARS data has made new research possible, specifically in the gender dynamics of the South African labour market. We identify six key research areas that can immediately be undertaken using the tax data.

show abstract

The Shifting Job Tenure Distribution

Cited by 17 publications

References 39 publications

Aggregate Nominal Wage Adjustments: New Evidence from Administrative Payroll Data

Aggregate Nominal Wage Adjustments: New Evidence from Administrative Payroll Data

Changing Stability in U.S. Employment Relationships: A Tale of Two Tails

Gender and the South African labour market: Policy relevant research possibilities using South African tax data

Contact Info

Product

Resources

About