And I Will Try to Fix You: A Study of Heterogeneity in Job Satisfaction with Implications for Flexible Employment Contracts

Aekapol Chongvilaivan and Nattavudh Powdthavee

No 5868, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This paper is an empirical study of slope heterogeneity in job satisfaction. It provides evidence from the generalized ordered probit models that different job characteristics tend to have different distributional impacts on the overall job satisfaction. For instance, standard models tend to significantly underestimate the effects of monthly salary and hours worked at generating the "highly" satisfied workers, whilst lowering the incidence of the "very dissatisfied" workers. Although our results should be viewed as illustrative, we provide discussions of their potential implications for employers and they could help with the design of employment contracts.

Keywords: employment contract; generalized ordered probit; job satisfaction; salary; heterogeneity; work-life balance (search for similar items in EconPapers)
JEL-codes: D61 J53 (search for similar items in EconPapers)
Pages: 37 pages
Date: 2011-07
New Economics Papers: this item is included in nep-hap, nep-hrm, nep-lab, nep-lma and nep-sea
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Published - published as 'Do Different Work Characteristics Have Different Distributional Impacts on Job Satisfaction? A Study of Slope Heterogeneity in Workers’ Well-Being' in: British Journal of Industrial Relations, 2014, 52 (3), 426-444

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