Published in , 1900
Research
Careers in Multinational Enterprises
Published in , 2023
Do workers in multinational enterprises (MNEs) build stronger CVs? We track the careers of all workers entering the Dutch labor market over the years 2006-2021 and find large, portable wage premia of MNE employment experience. Workers with experience at MNEs instead of domestic firms earn up to 14% higher wages within the MNE, and up to 11% higher wages after moving to another firm. Consistent with a model of MNEs that leverage their employment experience premia, we document that MNEs hire more juniors, pay lower starting wages, and are more selective in the employment of senior workers than domestic firms.