Careers in Multinational Enterprises

Marcus Roesch; Michiel Gerritse; Bas Karreman

Careers in Multinational Enterprises

Marcus Roesch, Michiel Gerritse, Bas Karreman

Strategy Economics

Research output: Working paper › Discussion paper › Academic

Abstract

Do workers in multinational enterprises (MNEs) build stronger CVs? We track the careers of all workers entering the Dutch labor market over the years 2006-2021 and find large and portable wage premia of MNE employment experience. Workers with experience at MNEs instead of domestic firms earn up to 14% higher wages within the MNE, and up to 11% higher wages after moving to another f irm. Consistent with a model of MNEs that leverage the value of their employment experience, we f ind that MNEs hire more juniors, pay lower starting wages, and are more selective towards senior workers than domestic firms.

Original language	English
Publisher	Tinbergen Institute
Number of pages	68
Publication status	Published - 19 Jan 2024

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N2 - Do workers in multinational enterprises (MNEs) build stronger CVs? We track the careers of all workers entering the Dutch labor market over the years 2006-2021 and find large and portable wage premia of MNE employment experience. Workers with experience at MNEs instead of domestic firms earn up to 14% higher wages within the MNE, and up to 11% higher wages after moving to another f irm. Consistent with a model of MNEs that leverage the value of their employment experience, we f ind that MNEs hire more juniors, pay lower starting wages, and are more selective towards senior workers than domestic firms.

AB - Do workers in multinational enterprises (MNEs) build stronger CVs? We track the careers of all workers entering the Dutch labor market over the years 2006-2021 and find large and portable wage premia of MNE employment experience. Workers with experience at MNEs instead of domestic firms earn up to 14% higher wages within the MNE, and up to 11% higher wages after moving to another f irm. Consistent with a model of MNEs that leverage the value of their employment experience, we f ind that MNEs hire more juniors, pay lower starting wages, and are more selective towards senior workers than domestic firms.

M3 - Discussion paper

BT - Careers in Multinational Enterprises

PB - Tinbergen Institute

ER -

Careers in Multinational Enterprises

Abstract

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