비정규직 고용과 인건비 행태

[Purpose]We investigates an effect of irregular employee on a managerial decision making of resource allocation. We tried to investigate whether there is downward stickiness in labor cost behavior and whether irregular employee attenuate downward stickiness in labor cost behavior. [Methodology]We investigate an effect of irregular employee on stickiness in labor cost behavior using data of Korean listing firms from 2010 to 2017 period. [Findings]We could find that a noticeable downward stickiness in labor cost behavior and downward stickiness in labor cost behavior was attenuated if the firm are higher reliance on irregular employee. We also found that firms with higher reliance on irregular employment are more likely to reduce labor costs than those in low non－regular employment when sales decrease. [Implications]It implies that firms are using non－regular workers as an efficient way to increase corporate value by securing labor flexibility and reducing costs in response to a rapidly changing business environment. This is expected to provide potential insight into labor flexibility policies.