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[Poll] Which compensation strategies are most effective for attracting and retaining talent?
A new study collects best practices and invites HR experts to share insights. In order to develop novel benchmarks for compensation...
Workplace health promotion and labour market performance of employees
Martin Huber, Michael Lechner and Conny Wunsch
Journal of Health Economics, 43, 170-189
2015
This paper investigates the average effects of firm-provided workplace health promotion measures on labour market outcomes of the firms’ employees. Exploiting linked employer-employee panel data that consist of rich survey-based and administrative information on firms, workers and regions, we apply a flexible propensity score matching approach that controls for selection on observables and time-constant unobserved factors. While the effects of analysing sickness absenteeism appear to be rather limited, our results suggest that health circles/courses increase tenure and job stability across various age groups. A key finding is that health circles/courses strengthen the labour force attachment of elderly employees (51-60), implying potential cost savings for public transfer schemes such as unemployment insurance or early retirement schemes.
Health: General, Health: Other, Nonwage Labor Costs and Benefits, Retirement Plans, Private Pensions
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