Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/124880
Authors: 
Mühlemann, Samuel
Strupler Leiser, Mirjam
Year of Publication: 
2015
Series/Report no.: 
IZA Discussion Papers 9363
Abstract: 
We provide new empirical evidence regarding the magnitude and the determinants of a firm's costs required to fill a vacancy. The average costs required to fill a vacancy for a skilled worker in Switzerland amount to about 16 weeks of wage payments. The main components of the vacancy costs are initially low productivity, the formal instruction of a new hire (53 percent), disruption costs due to informal instruction of new hires (26 percent), and search costs (21 percent). Furthermore, hiring costs for small firms are associated with labor market tightness (i.e., the vacancy-unemployment ratio).
Subjects: 
adaptation cost
disruption cost
hiring cost
search cost
vacancy-unemployment ratio
JEL: 
J32
J63
M53
Document Type: 
Working Paper

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