Job satisfaction and co-worker wages: Status or signal?
Andrew Clark (),
Nicolai Kristensen () and
Niels Westergård-Nielsen ()
PSE Working Papers from HAL
This paper uses matched employer-employee panel data to show that individual job satisfaction is higher when other workers in the same establishment are better-paid. This runs contrary to a large literature which has found evidence of income comparisons in subjective well-being. We argue that the difference hinges on the nature of the reference group. We here use co-workers. Their wages not only induce jealousy, but also provide a signal about the worker's own future earnings. Our positive estimated coefficient on others' wages shows that this positive future earnings signal outweighs any negative status effect. This phenomenon is stronger for men, and in the private sector.
Keywords: job satisfaction; co-workers; comparison income; wage expectations; tournaments (search for similar items in EconPapers)
Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00587878
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed
Downloads: (external link)
Journal Article: Job Satisfaction and Co-worker Wages: Status or Signal? (2009)
Working Paper: Job satisfaction and co-worker wages: status or signal? (2009)
Working Paper: Job satisfaction and co-worker wages: Status or signal? (2007)
Working Paper: Job Satisfaction and Co-worker Wages: Status or Signal? (2007)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hal:psewpa:halshs-00587878
Access Statistics for this paper
More papers in PSE Working Papers from HAL
Bibliographic data for series maintained by CCSD ().