What is an Australian Job Worth?

Autor:	Paul Oslington
Rok vydání:	2020
Předmět:	Economics and Econometrics Labour economics Unfair dismissal ComputingMilieux_THECOMPUTINGPROFESSION business.industry Compensation (psychology) 05 social sciences Public policy Work (electrical) Human resource management 0502 economics and business Value (economics) Economics 050207 economics Human resources business 050205 econometrics
Zdroj:	Australian Economic Review. 53:482-493
ISSN:	1467-8462 0004-9018
DOI:	10.1111/1467-8462.12384
Popis:	The value of a job is an important issue for management, human resources, law and public policy, yet we lack good empirical estimates of this value. This article presents a theoretical framework for valuing jobs and estimates the average economic value of an Australian job at approximately $104,000. However, judges awarding compensation for unfair dismissal under the Fair Work Act implicitly value a job at around $10,000. If the economic value estimate is correct then workers place a high value on keeping their job, which has important human resources management implications, such as worker commitment and risk‐taking.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::2fd89d0007178e3292755e5a69b5a671 https://doi.org/10.1111/1467-8462.12384 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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