IDEAS home Printed from https://ideas.repec.org/a/nbb/ecrart/y2008mdecemberiivp101-140.html
   My bibliography  Save this article

The social balance sheet 2007

Author

Listed:
  • Ph. Delhez

    (National Bank of Belgium, Research Department)

  • P. Heuse

    (National Bank of Belgium, Research Department)

  • Y. Saks

    (National Bank of Belgium, Research Department)

  • H. Zimmer

    (National Bank of Belgium, Research Department)

Abstract

According to the results of the social balance sheets available in September 2008, employment rose by 2.3 p.c. in 2007. The increase concerned both full-time as well as part-time workers. The rise in part-time working is only partially explained by the hiring of part-time workers : this year again, medium-sized and large enterprises also saw numerous changes in working arrangements. Although women still account for the bulk of part-time workers, the increase in the part-time rate was greater for men than for women. The analysis shows that part-time working is spread unevenly in the various branches of activity. As in previous years, the article studies staff movements and the characteristics of workers joining and leaving companies filing full-format accounts. It also examines reasons for leaving and the external turnover of workers by comparing the results from the various groups of enterprises categorised according to their size or their branch of activity. The analysis also highlights the further advance in 2007 of temporary employment contracts – whose proportion is tending to become more uniform in the various categories of company size – and the increased use of agency work in companies filing full-format accounts. Recourse to these contracts as instruments for workforce adjustments varies considerably from one branch of activity to the other. The total wage bill rose by 5.1 p.c. between 2006 and 2007 in the reduced population of companies. Over the same period there was a 2.3 p.c. growth in the number of hours worked, so that hourly labour costs grew by 2.8 p.c. on average. The rise was more pronounced for full-time than for part-time workers. Major differences in levels are still discernible in terms of hourly costs, depending on the size and branch of activity of the companies. In terms of training, the results for 2006 still fall well short of the set targets : training costs accounted for 1.17 p.c. of the total wage bill whereas the target specified in the Generation Pact for this same year was 1.9 p.c. At the same time, the participation rate in training was only 35.2 p.c. whereas a target has been set of 50 p.c. by 2010. Growth was nevertheless recorded between 2006 and 2007 within a favourable economic context : the cost indicator for training grew by 4 p.c. and the participation rate by 0.2 p.c. If these increases were applied to the level observed in 2006, these same indicators should amount to 1.22 and 35.3 p.c. respectively for 2007.

Suggested Citation

  • Ph. Delhez & P. Heuse & Y. Saks & H. Zimmer, 2008. "The social balance sheet 2007," Economic Review, National Bank of Belgium, issue iv, pages 101-140, December.
  • Handle: RePEc:nbb:ecrart:y:2008:m:december:i:iv:p:101-140
    as

    Download full text from publisher

    File URL: https://www.nbb.be/en/articles/social-balance-sheet-2007
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Alfred Stiglbauer & Florian Stahl & Rudolf Winter-Ebmer & Josef Zweimüller, 2003. "Job Creation and Job Destruction in a Regulated Labor Market: The Case of Austria," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 30(2), pages 127-148, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Michaela Fuchs & Antje Weyh, 2010. "The determinants of job creation and destruction: plant-level evidence for Eastern and Western Germany," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 37(4), pages 425-444, November.
    2. Julián Messina & Giovanna Vallanti, 2007. "Job Flow Dynamics and Firing Restrictions: Evidence from Europe," Economic Journal, Royal Economic Society, vol. 117(521), pages 279-301, June.
    3. Peter Huber & Helmut Mahringer & Marianne Schoeberl & Kristin Smeral, 2004. "Arbeitsplatzreallokation und Arbeitskräftemobilität," WIFO Studies, WIFO, number 25322, April.
    4. Schoiswohl, Florian & Wüger, Michael, 2016. "A Representative Matched Cross-section Survey for Austria - Measuring Worker Flow Dynamics with the Austrian Labour Force Survey," Department of Economics Working Paper Series 223, WU Vienna University of Economics and Business.
    5. Copestake, Silvina & Ludewig, Oliver & Stabler, Jochen & Weyh, Antje, 2014. "Arbeitsplatzdynamik im Saarland," IAB-Regional. Berichte und Analysen aus dem Regionalen Forschungsnetz. IAB Rheinland-Pfalz-Saarland 201402, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    6. Andreas I Mueller & Damian Osterwalder & Josef Zweimüller & Andreas Kettemann, 2024. "Vacancy Durations and Entry Wages: Evidence from Linked Vacancy–Employer–Employee Data," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 91(3), pages 1807-1841.
    7. Andrea Weber & Helmut Mahringer, 2008. "Choice and success of job search methods," Empirical Economics, Springer, vol. 35(1), pages 153-178, August.
    8. Michaela Fuchs & Antje Weyh, 2007. "Die Determinanten des Job-Turnover im regionalen Vergleich," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 14(02), pages 25-36, 04.
    9. Emilia Del Bono & Andrea Weber, 2008. "Do Wages Compensate for Anticipated Working Time Restrictions? Evidence from Seasonal Employment in Austria," Journal of Labor Economics, University of Chicago Press, vol. 26(1), pages 181-221.
    10. Böheim, René & Stiglbauer, Alfred & Winter-Ebmer, Rudolf, 2009. "On the persistence of job creation in old and new firms," Economics Letters, Elsevier, vol. 105(1), pages 17-19, October.
    11. Huber, Peter & Oberhofer, Harald & Pfaffermayr, Michael, 2017. "Who creates jobs? Econometric modeling and evidence for Austrian firm level data," European Economic Review, Elsevier, vol. 91(C), pages 57-71.
    12. Agnes Kügler & Klaus Friesenbichler & Cornelius Hirsch, 2024. "Labour Market Effects of Trade in a Small Open Economy," REGION, European Regional Science Association, vol. 11, pages 1-26.
    13. Richard Duhautois & Fabrice Gilles, 2013. "Payroll tax reductions and job flows in France," Working Papers hal-01006652, HAL.
    14. Štěpán Jurajda & Katherine Terrell, 2003. "Job growth in early transition: Comparing two paths," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 11(2), pages 291-320, June.
    15. David Card & Raj Chetty & Andrea Weber, 2007. "The Spike at Benefit Exhaustion: Leaving the Unemployment System or Starting a New Job?," American Economic Review, American Economic Association, vol. 97(2), pages 113-118, May.
    16. Gaetano Basso & Salvatore Lo Bello & Francesca Subioli, 2023. "Labor market dynamics and geographical reallocations," Temi di discussione (Economic working papers) 1430, Bank of Italy, Economic Research and International Relations Area.
    17. David Card & Raj Chetty & Andrea Weber, 2007. "Cash-on-Hand and Competing Models of Intertemporal Behavior: New Evidence from the Labor Market," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 122(4), pages 1511-1560.
    18. Bhaskar Jyoti Neog & Bimal Kishore Sahoo, 2020. "Job Reallocation Dynamics in India: Evidence from Large Manufacturing Plants," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 82(4), pages 934-959, August.
    19. Kateřina Duspivová, 2011. "Role zahraničního vlastnictví z hlediska tvorby pracovních míst a fluktuace zaměstnanců [The Role of the Foreign Ownership in Job and Employee Flows]," Politická ekonomie, Prague University of Economics and Business, vol. 2011(6), pages 759-774.
    20. Peter Huber & Harald Oberhofer & Michael Pfaffermayr, 2012. "Who Creates Jobs? Estimating Job Creation Rates at the Firm Level," WIFO Working Papers 435, WIFO.

    More about this item

    Keywords

    employment; staff costs; training; working hours; employment contract; full-time; part-time; skills; temporary worker;
    All these keywords.

    JEL classification:

    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions
    • M53 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Training

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbb:ecrart:y:2008:m:december:i:iv:p:101-140. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/bnbgvbe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.