Do minimum wages increase job satisfaction?: micro data evidence from the new German minimum wage

Mario Bossler and Sandra Broszeit
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Sandra Broszeit: Institute for Employment Research (IAB), Nuremberg, Germany

No 201615, IAB-Discussion Paper from Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany]

Abstract: "On 1 January 2015 a new statutory minimum wage of EURO 8.50 per hour of work was introduced in Germany. Using a difference-in-differences approach, we estimate effects on worker-level outcomes of continuing employees. The results reveal a meaningful absolute increase in the affected workers' pay satisfaction. The increase in job satisfaction is modest and predominantly driven by changes in pay satisfaction implying only a small effect on all other dimensions of job satisfaction. Moreover, effects from the minimum wage on work engagement and turnover intention are virtually zero." (Author's abstract, IAB-Doku) ((en))

Keywords: Bundesrepublik Deutschland; Mindestlohn; Arbeitnehmerkündigung; IAB-Datensatz Linked Personnel Panel; Arbeitsmotivation; Zufriedenheit (search for similar items in EconPapers)
JEL-codes: J28 J38 J63 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2016
New Economics Papers: this item is included in nep-eur and nep-hrm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Published in/as: Labour, 31 (2017), 4, 480-493, doi:10.1111/labr.12117

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Journal Article: Do minimum wages increase job satisfaction? Micro-data evidence from the new German minimum wage (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:iab:iabdpa:201615

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