title: Wage adjustment practices in Russian firms
metadata.name: dc.contributor.author
metadata.value: Rozhkova, K. V.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Roshchin, S. Yu.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Solntsev, S. A.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2020-09-09T13:44:57Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2020-09-09T13:44:57Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2020-06
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Rozhkova K. V., Roshchin S. Yu., Solntsev S. A. 2020. Wage adjustment practices in Russian firms. Russian Management Journal 18 (2): 217–234.
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu18.2020.204
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/19378
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: Wage adjustments for employees are a reactive mechanism to changing market conditions and form
  a significant part of pay policy. Though various attempts to explore wage levels and wage differentials
  have been made, wage adjustment policies remain an understudied topic. This paper analyses the
  determinants of wage adjustments based on data from Russian companies between 2015 and 2017.
  The analysis is based on detailed data from an employer survey covering more than 5 000 firms in
  both the public and private sectors. The study adopts probit models to identify the reasons for wage
  revisions, which depend on both internal employer characteristics and external labour market conditions.
  The results are in line with previous research on the topic and suggest that both internal and external
  factors influence wage adjustments. A wage adjustment is a reflection of an ability to pay, meaning
  that revisions are often made by successful firms with high employee turnover. It was also found that
  institutional frameworks, especially trade union activity, also affect a firm’s decision to adjust wages,
  despite the widely-held belief that unions play an insignificant role in Russia. This study contributes
  to the limited literature by analyzing the determinants of wage policies depending on a firm’s
  characteristics and is the first study of its kind based on extensive Russian data.
metadata.lang: en_GB
metadata.name: dc.description.sponsorship
metadata.value: This work is an output of a research project implemented as part of the Basic Research Program at the
  National Research University Higher School of Economics (HSE).
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: en
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Russian Management Journal;Volume 18; Issue 2
metadata.lang: -
metadata.name: dc.subject
metadata.value: wage adjustment
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: pay policy
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: pay settlement
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: trade union
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Russia
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Wage adjustment practices in Russian firms
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 217-234.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/19378/1/217-234.pdf
resources.format: Adobe PDF
resources.size: 197,91 kB