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Firm's productivity, investment and training: What happened during the recession and how was it affected by the national minimum wage? A report to the low pay commission

机译:企业的生产力,投资​​和培训:经济衰退期间发生了什么以及它如何受到全国最低工资的影响?报告低薪佣金

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摘要

In 2008-09, the UK experienced its deepest recession since the Second World War. One notable feature of this recession was, however, the resilience of employment, which fell by just 2.1% at a time when GDP fell by 6.3%. This suggests that firms may have been trying to weather the recession by holding on to their workers and reducing their hours, rather than making them redundant. Such behaviour is sometimes thought to indicate 'labour hoarding'.This report uses business data to document what happened to a variety of indicators of labour hoarding, as well as investment and training, over the course of the 2008-09 recession. In particular, it shows how these patterns vary amongst different types of firms, including by size and coverage of the National Minimum Wage (NMW) (i.e. the proportion of workers who are paid at or below this level). The report is associated with the Low Pay Commission Report 2013 and is funded by the Low Pay Commission.
机译:在2008-09年,英国经历了第二次世界大战以来最严重的衰退。然而,这种衰退的一个显着特征是就业的弹性,而当GDP下降6.3%时,就业的弹性仅下降了2.1%。这表明,企业可能一直在通过保留其工人并减少工时来试图度过衰退,而不是使他们多余。有时认为这种行为表示“劳动ho积”。此报告使用商业数据来记录在2008-09年经济衰退期间,各种劳动ho积以及投资和培训指标所发生的情况。特别是,它显示了这些模式在不同类型的公司之间如何变化,包括按国家最低工资(NMW)的规模和覆盖率(即,达到或低于此水平的工人比例)。该报告与《 2013年低薪委员会报告》相关,并由低薪委员会资助。

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