Hayes, Michael S.
Tax and expenditure limitations, salary reductions, and public employee turnover / Michael S. Hayes .-- , 2020
Resumen.
Apéndice.
Bibliografía.
This study examines the relationship between salary and employee turnover behavior by analyzing a natural experiment created by the New Jersey Superintendent Salary Cap (NJSSC), which caused salary reductions for 25 percent of NJ superintendents in the initial year. I find that an additional $10,000 reduction in base salary due to the NJSSC corresponds to a 16 percent increase in the likelihood of superintendent turnover. This suggests salary expenditures are important public policy levers to retain employees. This study also contributes to prior research on tax and expenditure limitations (TELs) by documenting one of the first TELs placed directly on public employees.
ADMINISTRACION PUBLICA
PERSONAL
SALARIOS
MOVILIDAD LABORAL
ESTADOS UNIDOS
Public Budgeting and Finance 0275-1100v. 40, n. 4, Winter 2020, p. 38-61
Tax and expenditure limitations, salary reductions, and public employee turnover / Michael S. Hayes .-- , 2020
Resumen.
Apéndice.
Bibliografía.
This study examines the relationship between salary and employee turnover behavior by analyzing a natural experiment created by the New Jersey Superintendent Salary Cap (NJSSC), which caused salary reductions for 25 percent of NJ superintendents in the initial year. I find that an additional $10,000 reduction in base salary due to the NJSSC corresponds to a 16 percent increase in the likelihood of superintendent turnover. This suggests salary expenditures are important public policy levers to retain employees. This study also contributes to prior research on tax and expenditure limitations (TELs) by documenting one of the first TELs placed directly on public employees.
ADMINISTRACION PUBLICA
PERSONAL
SALARIOS
MOVILIDAD LABORAL
ESTADOS UNIDOS
Public Budgeting and Finance 0275-1100v. 40, n. 4, Winter 2020, p. 38-61