From: Personnel adjustments during the Covid-19 pandemic: did co-determination make a difference?
Dependent variable | Hiring rate | Dismissal rate | Quit rate | Churning rate | Net employment growth rate | Short-time work (dummy) |
---|---|---|---|---|---|---|
Works council (dummy) | − 0.0425 (0.0126)*** | − 0.0223 (0.0061)*** | − 0.0288 (0.0211) | − 0.0785 (0.0221)*** | 0.0063 (0.0202) | − 0.0169 (0.0413) |
Collective agreement, sectoral level (dummy) | 0.0238 (0.0142) | 0.0056 (0.0076) | 0.0194 (0.0161) | 0.0643 (0.0250)** | − 0.0015 (0.0145) | − 0.0234 (0.0301) |
Collective agreement, firm level (dummy) | − 0.0015 (0.0105) | − 0.0092 (0.0054)* | 0.0199 (0.0183) | 0.0218 (0.0181) | − 0.0116 (0.0189) | − 0.0400 (0.0456) |
Size 5–9 employees (reference) | – | – | – | – | – | – |
Size 10–49 employees (dummy) | 0.0017 (0.0118) | 0.0131 (0.0074)* | 0.0533 (0.0142)*** | 0.0274 (0.0182) | − 0.0906 (0.0176)*** | − 0.0206 (0.0364) |
Size 50–249 employees (dummy) | 0.0032 (0.0156) | 0.0167 (0.0095)* | 0.0615 (0.0217)*** | 0.0460 (0.0267)* | − 0.1102 (0.0228)*** | − 0.0138 (0.0428) |
Size 500 + employees (dummy) | − 0.0105 (0.0168) | 0.0072 (0.0096) | 0.0980 (0.0444)** | 0.0120 (0.0265) | − 0.1527 (0.0469)*** | − 0.0519 (0.0649) |
Owner- managed (dummy) | 0.0120 (0.0123) | − 0.0045 (0.0084) | 0.0148 (0.0177) | 0.0021 (0.0212) | − 0.0017 (0.0174) | − 0.0511 (0.0313) |
Single-plant firm (dummy) | − 0.0400 (0.0177)** | 0.0012 (0.0086) | − 0.0567 (0.0207)*** | − 0.0684 (0.0310)** | 0.0201 (0.0191) | 0.0379 (0.0383) |
Headquarter (dummy) | − 0.0340 (0.0179)* | − 0.0002 (0.0083) | − 0.0106 (0.0261) | − 0.0512 (0.0317) | − 0.0187 (0.0246) | 0.1206 (0.0452)*** |
Foreign ownership (dummy) | 0.0063 (0.0146) | 0.0059 (0.0082) | − 0.0026 (0.0180) | − 0.0090 (0.0209) | 0.0057 (0.0214) | 0.0063 (0.0519) |
Good profit situation before crisis (dummy) | 0.0001 (0.0084) | − 0.0055 (0.0055) | 0.0182 (0.0104)* | 0.0138 (0.0131) | − 0.0146 (0.0121) | − 0.0707 (0.0302)** |
Business volume decreased (dummy) | − 0.0289 (0.0112)** | 0.0225 (0.0052)*** | 0.0402 (0.0126)*** | − 0.0011 (0.0188) | − 0.0934 (0.0118)*** | 0.3276 (0.0286)*** |
Government support (dummy) | − 0.0050 (0.0103) | 0.0080 (0.0076) | 0.0209 (0.0139) | − 0.0037 (0.0173) | − 0.0375 (0.0144)*** | 0.1979 (0.0296)*** |
Export (dummy) | − 0.0228 (0.0107)** | − 0.0058 (0.0069) | − 0.0152 (0.0158) | − 0.0451 (0.0180)** | 0.0039 (0.0165) | 0.0680 (0.0297)** |
Eastern Germany (dummy) | 0.0005 (0.0137) | 0.0011 (0.0056) | 0.0447 (0.0183)** | 0.0240 (0.0240) | − 0.0495 (0.0169)*** | 0.0093 (0.0342) |
Young establishment (dummy) | 0.0795 (0.0351)** | 0.0074 (0.0119) | 0.0422 (0.0348) | 0.0915 (0.0595) | 0.0291 (0.0258) | 0.0359 (0.0434) |
Women (share) | 0.0167 (0.0239) | − 0.0147 (0.0146) | 0.0149 (0.0310) | 0.0209 (0.0411) | 0.0162 (0.0324) | − 0.1153 (0.0684)* |
Low-skilled occupations (share) | 0.0284 (0.0147)** | 0.0186 (0.0112)* | − 0.0020 (0.0229) | 0.0444 (0.0246)* | 0.0156 (0.0257) | − 0.0653 (0.0527) |
Highly-skilled occupations (share) | 0.0393 (0.0466) | 0.0003 (0.0114) | 0.0067 (0.0457) | 0.0577 (0.0777) | 0.0323 (0.0318) | − 0.4128 (0.0679)*** |
Marginal part-time employees (share) | − 0.0441 (0.0345) | 0.0105 (0.0243) | 0.1196 (0.0515)** | − 0.0543 (0.0589) | − 0.1693 (0.0527)*** | − 0.0015 (0.0847) |
Apprentices (share) | − 0.1202 (0.0699)* | − 0.0338 (0.0346) | − 0.0728 (0.0777) | − 0.2333 (0.1081)** | 0.0537 (0.0890) | 0.0886 (0.1857) |
Part- time employees (share) | − 0.0810 (0.0376)** | − 0.0329 (0.0179)* | − 0.0422 (0.0434) | − 0.1652 (0.0636)** | 0.0070 (0.0404) | 0.0364 (0.0814) |
Employees with fixed-term contract (share) | − 0.0050 (0.0320) | − 0.0146 (0.0169) | 0.0145 (0.0477) | − 0.0631 (0.0586) | − 0.0136 (0.0449) | 0.1094 (0.0758) |
Employees with foreign nationality (share) | 0.0774 (0.0452)* | 0.0875 (0.0306)*** | 0.1497 (0.0537)*** | 0.1652 (0.0842)* | − 0.1608 (0.0523)*** | 0.1631 (0.0848)* |
8 industry dummies | Included*** | Included** | Included*** | Included*** | Included | Included*** |
Intercept | 0.1165 (0.0312)*** | − 0.0014 (0.0171) | 0.0001 (0.0375) | 0.1244 (0.0530)** | 0.1472 (0.0375)*** | 0.4538 (0.0774)*** |
R-squared | 0.1141 | 0.1050 | 0.1171 | 0.1071 | 0.1610 | 0.3301 |
No. of observations | 1192 | 1192 | 1192 | 1192 | 1192 | 1192 |