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Author:Gilman, M.
Edwards, P.
Ram, M.
Arrowsmith, J.
Title:Pay determination in small firms in the UK: the case of the response to the national minimum wage
Journal:Industrial Relations Journal
2002 : MAR, VOL.33:1, p. 52-67
Index terms:Industrial relations
Small and medium-sized enterprises (SMEs)
Pay
United Kingdom
Language:eng
Abstract:Pay determination in small firms is widely expected to follow the dictates of the market. Research in three competitive sectors finds, instead, loosely defined and variable pay structures. This variability is explained in terms of the interplay between labour and product markets, firms' own choices, and 'shocks' such as the National Minimum Wage. The analysis contributes to developing insitutional theories of labour markets and pay systems.
SCIMA record nr: 237811
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