Autore: Kolev, Alexandre
Titolo: The distribution of enterprise benefits in Russia and their impact on individuals' well-being
Periodico: European University Institute of Badia Fiesolana (Fi). Department of Economics - Working papers
Anno: 1998 - Fascicolo: 5 - Pagina iniziale: 1 - Pagina finale: 49

This study focuses on the formation of in-kind labour income in Russia, using 1994 data on individuals, and raises two questions, firstly about the distributive impact of social transfers from enterprises, and secondly about the effect of fringe benefits on individuals well being, as captured in self-reported level of job satisfaction. The findings suggest that while social support at the work place in the form of health care remains fairly well equally distributed among employees, fringe benefits generally tend to be provided to the better-off. Social transfers from firms, along with cash wages, are also found to increase job satisfaction significantly. Moreover, the estimated levels of cash-wages necessary to compensate for the absence or the dismantling of enterprise benefits, in terms of employees' welfare, are considerable. In this light, the low level of job satisfaction observed in the data among Russian employees may well be explained by the recent decline in both cash-wages and fringe benefits.





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