Non-wage benefits, costs turnover, and labor attachment: evidence from Russian firms

Tuuli Juurikkala and Olga Lazareva

No 4/2006, BOFIT Discussion Papers from Bank of Finland Institute for Emerging Economies (BOFIT)

Abstract: Just as in established market economies, many Russian firms provide non-wage benefits such as housing, medical care or day care to their employees.Interpreting this as a strategic choice of firms in an imperfect labor market, this paper examines unique survey data for 404 large and medium-size industrial establishments from 40 Russian regions.We find strong evidence that Russian industrial firms use social services to reduce the costs of labor turnover in the face of tight labor markets.The strongest effect is observed for blue-collar workers.We also find that the share of non-monetary compensation decreases with improved access to local social services.

Keywords: Non-wage benefits; labor turnover; labor attachment; Russia (search for similar items in EconPapers)
JEL-codes: J32 J33 J42 J63 M52 P31 (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:bofitp:bdp2006_004

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