Wage-Hours Contracts, Overtime Working and Premium Pay This paper offers a contract-based theory to explain the determination of standard hours, overtime hours and overtime premium pay. We expand on the wage contract literature that emphasises the role of firm-specific human capital and that explores problems of contract efficiency in the face of information asymmetries between the firm and the...

This study analyzes real wage cyclicality for male full-time workers within employer-employee matches in Germany over the period 1984–2004. Five different wage measures are compared: the standard hourly wage rate; hourly wage earnings including overtime and bonus pay; the effective wage, which takes into account unpaid overtime; and monthly earnings, with and without additional pay. None of the...

Excerpt] This paper presents empirical estimates of the intra-industry cross-section relationship between annual overtime hours per man and the ratio of these quasi-fixed costs to the overtime wage rate. Estimates are also made of the impact of a change in the overtime premium on employment and hours; these estimates have implications for policymakers concerned with the wisdom of increasing the...

In many production systems, capacities depend not only on machine capacities, but also on the available work-force levels in each period of the planning horizon. Therefore, these capacities are given in terms of labor hours. In order to develop aggregate plans, work-force levels should be established "rst, and then translated into available regular-time and overtime production capacities. In th...

Whereas the number of paid overtime hours declined over the last two decades in Germany, a different trend can be observed for unpaid overtime. We analyze future consequences of unpaid work with respect to a worker’s career advancement, such as higher future wages and probabilities of promotion or job retention, which might help to explain why an increasing fraction of employees are working ext...

Taiwan’s Labor Standards Law (LSL) requires employers to implement overtime working hour restrictions. These restrictions have a greater effect on women, who are not allowed to work as many overtime working hours as men. This paper examines two hypotheses: First, as the hour restrictions can encourage the efficiency of workers, it will increase wages for women in the covered sector relative to ...

The aim of this study was to clarify the association between sleeping time and job stress in male Japanese workers. Male workers at one manufacturing plant were surveyed about job stress and sleeping time using a selfcompleted questionnaire. A total of 274 white-collar daytime workers were analyzed. Job stress factors and stress response were assessed using the Job Stress Questionnaire. Sleepin...

OBJECTIVE To investigate the association between duration of overtime and the development of impaired fasting glucose (IFG) or type 2 diabetes mellitus (DM). METHODS A cohort of 1266 Japanese male office workers aged 35-59 years and free of IFG (fasting plasma glucose concentration 6.1-6.9 mmol/l), type 2 DM (fasting plasma glucose concentration of 7.0 mmol/l or more or taking hypoglycaemic m...