Özet:

In the last five years, non-institutional population aged 15 and older with a master‘s or doctoral degree increased by 68 % in Turkey. The ratio of workers having post-graduate degrees has been increasing in the labor market as well. According to human capital theory which rests upon the supply-side economics, knowledge and abilities acquired by individuals are likely to increase job performance and bring about higher earnings in the labor market. In this study, the relationship between individuals’ attainment of post-graduate education and the amount of their performance incentives (bonuses, premiums, and commissions) has been examined. Furthermore, this study investigates whether the attainment of a post-graduate degree influence the performance incentives of women and men differently. Hypotheses have been tested by using the micro dataset of 2003-2010 Household Labor Force Surveys, which have been conducted by Turkish Statistical Institute. In the selected years, the number of observations includes 357.966 individuals where the sample of the study consists of 18.067 participants who are over 20 years old and attained an undergraduate degree. Analyses that are based on least-square estimation method revealed that individuals who attained a master’s or doctorate degree are provided with higher levels of incentives in the labor market. Additionally, the results showed that the return of post-graduate education in terms of performance- based incentives did not significantly differ between women and men.

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