Analyses | Social mobility and wellbeing | 2016-04-27 | HKET

Achieving work flexibility means there’s a premium for hard toil

Employees might desire more flexible work arrangements in order to achieve better work-life balance. Yet, job flexibility comes at a price, and it varies accordingly to the job nature. When it is hard to substitute one worker for another, workers’ hourly wages increase for the more time worked.

The full version of the commentary is in Chinese only.