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It is becoming more and more common for employers to hire workers under fixed-term contracts. This allows companies to save money and more easily adapt to the changing conditions of the market. Flexible employment regulations do not, however, foster growth in productivity or an adequate reallocation of resources on the labour market, the Deputy Head of HSE’s Laboratory for Labour Market Studies, Larisa Smirrnykh, posits.
Most Russian company owners invest in the continuing education of their employees, but not all of them. The lucky ones are 10-20% of all staff. Such spending looks risky even though the return on it is high. Continuing education increases salary by 8% on average, which is an indirect sign of the same improvement in the labour productivity of the educated staff, Pavel Travkin, Junior Research Fellow at the HSE Laboratory for Labour Market Studies, found.
The widespread belief that wage increases in Russia outstrip growth in productivity is no more than a myth, Deputy Director of the HSE Centre for Labour Market Studies, Rostislav Kapelyushnikov claims in an article ‘Productivity and wages: a little simple arithmetic’. Besides, in recent years we have seen a fall in the cost of labour, particularly in industry.
Naukograds, meaning ‘science cities,’ focused largely on science in the Soviet period, but have since become aimed more at small business and business services in the post-soviet era, Denis Ivanov, a Research Fellow with HSE’s International Center for the Study of Institutions and Development, said in the paper, ‘Transition and Path-dependence in Knowledge-intensive Industry Location: Case of Russian Professional Services,’ which was presented at a joint seminar of HSE’s Laboratory for Labour Market Studies and the Centre for Labour Market Studies.
How to reform the labour market is one of the most discussed issues in Russian society. Germany introduced major labour market reforms in the 2000s and is one of the few countries that has achieved significant results in doing so. Here are some findings made by researcher Nina Vishnevskaya of the HSE Centre for Labour Studies.
Minimum Monthly Wage (MMW) is a bad institution for fighting poverty and inequality. One of the reasons for this is Russia’s high heterogeneity. Raising MMW often leads to the death of companies and a growing shadow labour market, Alexey Oshchepkov concludes this in his study ‘Minimum Wage’s Influence on the Labour Market in Russia’.
The second day of the XIV HSE April Conference started with a plenary session on ‘Institutions and New Social Policy’. Problems of education, healthcare, and the labour market were discussed by Russian Deputy Prime Minister Olga Golodets, HSE Rector Yaroslav Kuzminov, the Russian Minister of Education and Science Dmitri Livanov, Professor Simon Marginson of the University of Melbourne, and Russian First Deputy Prime Minister Igor Shuvalov.
In October 2012, the Institute for the Study of Labour (IZA) and the Higher School of Economics held an international workshop ‘Labor Market Adjustment in the Commonwealth of Independent States, Central Asia and China in the Wake of the Great Recession’. Vladimir Gimpelson, Director of the HSE Centre for Labour Market Studies, spoke to us about the event and its results.
From October 25th – 28th an international academic conference ‘Embeddedness and beyond: Do sociological theories meet economic realities?’ took place at the HSE. Here are some video interviews with conference participants.