英文摘要 |
The high-tech manufacture industry in Taiwan has expanded rapidly during the past few decades. As a result, more and more workers are attracted into the high-tech industry due to the promising future of this industry. Do high-tech industry employees receive better compensation? This study examines empirically the difference in the compensation structure for employees of high-tech manufacture industry and traditional manufacture industry by decomposing the total compensation into the fixed salary and non-fixed compensation. The influence of three different sets of variables, namely, human capital variables, job characteristic variables, and profit sharing variables, is analyzed in this study. The empirical results based on the Heckman’s two stage procedure indicate that human capital variables (gender, education and tenure), job characteristic variables (work hour and work place), as well as profit sharing variable (pension system) are significant determinants of the fixed salary structure for employees in both the high-tech and the traditional manufacture industries. However, as to the non-fixed compensation structure, significant determinants for the employees of high-tech manufacture industry are different from those for the employees of the traditional manufacture industry. Human capital variables (gender, marital status, self-reported health status and tenure), job characteristic variables (firm size, work place and work peer relationship), as well as profit sharing variable (pension system) are significant determinants of the non-fixed compensation for employees in traditional manufacture industry while only tenure variable shows significant influence on the non-fixed compensation for employees in high-tech manufacture industry. Moreover, job satisfaction variable is significant in determining the non-fixed compensation for employees in the high-tech manufacture industry. But it shows no significant influence on the non-fixed compensation for employees in the traditional manufacture industry. The Oaxaca decomposition results further imply that there is no significant difference in the fixed salary structure between the high-tech and traditional manufacture industry. But more apparent difference is shown in the non-fixed compensation structure. The difference can be attributed more to the price differentiation than to the characteristic differentiation. |