Minimum Wage Companies in the Second Wave of the Corona Crisis
Abstract For a number of reasons, businesses affected by minimum wage may have a particularly hard time during the coronavirus pandemic. We have found that minimum wage establishments were more frequently affected by the Corona pandemic than the rest of the economy at the beginning of 2021 due to th...
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| Format: | Article |
| Language: | deu |
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Sciendo
2021-10-01
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| Series: | Wirtschaftsdienst |
| Online Access: | https://doi.org/10.1007/s10273-021-3028-9 |
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| _version_ | 1832572591182708736 |
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| author | Christian Kagerl Clemens Ohlert |
| author_facet | Christian Kagerl Clemens Ohlert |
| author_sort | Christian Kagerl |
| collection | DOAJ |
| description | Abstract For a number of reasons, businesses affected by minimum wage may have a particularly hard time during the coronavirus pandemic. We have found that minimum wage establishments were more frequently affected by the Corona pandemic than the rest of the economy at the beginning of 2021 due to the industry composition of these establishments rather than to minimum wage itself. The findings also indicate that minimum-wage establishments use short-time work more often and that the volume of work is reduced more frequently than in other establishments by cutting back on overtime. Finally, salary increases and special payments are also reduced or suspended more frequently. |
| format | Article |
| id | doaj-art-00ca6317d02d46f1b62e41b6afd22152 |
| institution | Kabale University |
| issn | 0043-6275 1613-978X |
| language | deu |
| publishDate | 2021-10-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Wirtschaftsdienst |
| spelling | doaj-art-00ca6317d02d46f1b62e41b6afd221522025-02-02T09:06:59ZdeuSciendoWirtschaftsdienst0043-62751613-978X2021-10-011011080480810.1007/s10273-021-3028-9Minimum Wage Companies in the Second Wave of the Corona CrisisChristian Kagerl0Clemens Ohlert1Forschungsgruppe des Direktors, Institut für Arbeitsmarkt- und Berufsforschung (IAB)c/o Bundesanstalt für Arbeitsschutz und Arbeitsmedizin, Geschäfts- und Informationsstelle für den MindestlohnAbstract For a number of reasons, businesses affected by minimum wage may have a particularly hard time during the coronavirus pandemic. We have found that minimum wage establishments were more frequently affected by the Corona pandemic than the rest of the economy at the beginning of 2021 due to the industry composition of these establishments rather than to minimum wage itself. The findings also indicate that minimum-wage establishments use short-time work more often and that the volume of work is reduced more frequently than in other establishments by cutting back on overtime. Finally, salary increases and special payments are also reduced or suspended more frequently.https://doi.org/10.1007/s10273-021-3028-9 |
| spellingShingle | Christian Kagerl Clemens Ohlert Minimum Wage Companies in the Second Wave of the Corona Crisis Wirtschaftsdienst |
| title | Minimum Wage Companies in the Second Wave of the Corona Crisis |
| title_full | Minimum Wage Companies in the Second Wave of the Corona Crisis |
| title_fullStr | Minimum Wage Companies in the Second Wave of the Corona Crisis |
| title_full_unstemmed | Minimum Wage Companies in the Second Wave of the Corona Crisis |
| title_short | Minimum Wage Companies in the Second Wave of the Corona Crisis |
| title_sort | minimum wage companies in the second wave of the corona crisis |
| url | https://doi.org/10.1007/s10273-021-3028-9 |
| work_keys_str_mv | AT christiankagerl minimumwagecompaniesinthesecondwaveofthecoronacrisis AT clemensohlert minimumwagecompaniesinthesecondwaveofthecoronacrisis |