台灣金融機構間的薪資差異：農漁會信用部vs.其他金融機構
Journal
農業經濟叢刊
Journal Volume
19
Journal Issue
1
Pages
1-48
Date Issued
2013
Author(s)
Abstract
The main purpose of this study is to investigate the wage differentials among the full-time employees of different financial institutions in Taiwan's financial sector. The data used in this study are merged from four databases. They are ”Employees' Earnings Survey”, ”Employees' Turnover Survey”, ”Farmers' Associations Year Book”, and ”Supervision report of Taiwanese Fishermen's Association” from 1997 to 2007. To examine the wage differentials of employees in Taiwanese financial sector, we firstly apply a nonparametric test (Kolmogorov-Smirnov test) to inspect the equality of wage distributions between financial institutions. We, then, exercised the Mincer's semi-logarithmic wage function to identify the sources of wage differential, in which human capital theory, compensated wage theory, and efficiency wage theory are examined. The Kolmogorov-Smirnov tests suggest that there are substantial wage differentials among the full-time employees of different financial institutions. After controlling for human capital, the wage advantage of employees in banks is still substantial. By adding bonus to regular salary, the wage differentials between bank system and Credit departments of farmers' and fishermen' associations are reinforced. Finally, the role of efficiency wage theory reveals that raising total salary can provide substantial incentives to full-time employees in financial sector to decrease their shirking situation and voluntary turnover rates. Raising total salary has largest impacts in the Credit departments of farmers' and fishermen' associations.
SDGs
Type
journal article