Labor Market Advantages of Organizational Status: A Study of Lateral Partner Hiring by Large U.S. Law Firms
研究显示,组织地位在劳动力市场中带来优势,高地位律所更易从高利润竞争对手处招聘合伙人,且仅在对手利润异常高时才可能流失员工至低地位对手。
Prior research demonstrates product market advantages of organizational status but largely neglects factor market advantages. We propose that status is advantageous in labor markets because individuals generally consider employer status a nonpecuniary employment benefit. Dyadic analyses of lateral partner hiring by large U.S. law firms demonstrate two status-based advantages in employee hiring and retention. First, high-status firms are more likely than low-status ones to hire an employee from a more profitable competitor. Second, high-status firms are most likely to lose an employee to a lower-status competitor when the competitor is—atypically—more profitable. We discuss implications of these findings for individual and organizational status attainment and for the stability of industry status hierarchies.