July 13, 2016
The share of academics in dependent employment has increased by seven percentage points since the mid 1990s to more than 25 percent in 2014. However, an academic degree does not always guarantee good employment conditions. About one in ten of the 8.4 million academics in dependent employment was paid below the low-wage threshold of 9.81 Euro in 2014. The following article analyses risk factors for low pay of academics on the basis of the German Socioeconomic panel. The main question is if low-wage work of academics can be explained by a job-education mismatch (overschooling). A surprising result is that nearly one third of all academics with low wages is working in a position suited for academics. A position below the academic level has a lower importance for explaining low wages of academics than expected.