Pay Determination in Small Firms in the UK: The Case of the Response to the National Minimum Wage

16 Pages Posted: 17 Nov 2002

See all articles by Mark W. Gilman

Mark W. Gilman

University of Kent, Canterbury

Paul K. Edwards

University of Warwick - Warwick Business School

Monder Ram

De Montfort University - School of Business; University of Birmingham - Birmingham Business School

James Arrowsmith

University of Warwick - Department of Computer Science

Abstract

Pay determination in small firms is widely expected to follow the dictates of the market. Research on 81 firms in three competitive sectors finds, instead, loosely defined and variable pay structures. This variability is explained in terms of the interplay between labour and product markets, firms' own choices, and 'shocks' such as the National Minimum Wage. This analysis thus contributes to developing institutional theories of labour markets and pay systems.

Suggested Citation

Gilman, Mark W. and Edwards, Paul K. and Ram, Monder and Arrowsmith, James, Pay Determination in Small Firms in the UK: The Case of the Response to the National Minimum Wage. Industrial Relations Journal, Vol. 33, pp. 52-67, 2002. Available at SSRN: https://ssrn.com/abstract=309060

Mark W. Gilman (Contact Author)

University of Kent, Canterbury ( email )

Canterbury Business School
Canterbury, Kent CT2 7PE
United Kingdom

Paul K. Edwards

University of Warwick - Warwick Business School ( email )

Coventry CV4 7AL
United Kingdom

Monder Ram

De Montfort University - School of Business ( email )

Department of Corporate Strategy
Leicester LE1 9BH
United Kingdom
+44 116 255.1551 (Phone)
+44 116 251.7548 (Fax)

University of Birmingham - Birmingham Business School ( email )

Edgbaston Park Road
Birmingham, B15 2TY
United Kingdom

James Arrowsmith

University of Warwick - Department of Computer Science ( email )

Dept of Computer Science
Coventry CV4 7AL, CV4 7AL
United Kingdom

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