Do Job Disamenities Raise Wages or Ruin Job Satisfaction?

Petri Böckerman () and Pekka Ilmakunnas
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Petri Böckerman: Labour Institute for Economic Research

No 203, Working Papers from Työn ja talouden tutkimus LABORE, Labour Institute for Economic Research LABORE

Abstract: This study investigates the role of adverse working conditions in the determination of individual wages and overall job satisfaction in the Finnish labour market. The potential influence of adverse working conditions on self-reported fairness of pay at the workplace is considered as an alternative, indirect measure of job satisfaction. The results show that working conditions have a very minor role in the determination of individual wages in the Finnish labour market. In contrast, adverse working conditions substantially increase the level of job dissatisfaction and the perception of unfairness of pay at the workplace.

Keywords: compensating wage differentials; job satisfaction; working conditions (search for similar items in EconPapers)
JEL-codes: J28 J31 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2004-09-09
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Persistent link: https://EconPapers.repec.org/RePEc:pst:wpaper:203

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