Title :
Job Stability versus Employment Flexibility: An Ordered Probit Analysis of Contract Choices under the New Labor Contract Law
Author :
Wang, Hui ; Hsiang-tai Chen ; Gu, Jibao
Author_Institution :
Univ. of Sci. & Technol. of China, Hefei, China
Abstract :
The open-ended contract provision of the new Labor Contract Law has drawn a great deal of attention and debate; even though the goal is to provide employees job stability and security. Responses from the survey of the paper showed relative few (13%) of these aspiring employees interested in open-ended contract. An ordered probit model was utilized in this study to determine primary factors affecting employees´ choice between job stability and job flexibility.
Keywords :
contracts; employment; job specification; contract choices; employees; employment flexibility; job security; job stability; labor contract law; open-ended contract provision; ordered probit analysis; Contract law; Costs; Electronic commerce; Government; Job production systems; Labor resources; Protection; Security; Stability analysis; Termination of employment;
Conference_Titel :
Electronic Commerce and Business Intelligence, 2009. ECBI 2009. International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-0-7695-3661-3
DOI :
10.1109/ECBI.2009.47
