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The effect of crisis on employees’ stress and dissatisfaction

George Halkos and Dimitrios Bousinakis

MPRA Paper from University Library of Munich, Germany

Abstract: This study, using a random sample of employees working in the private and public sectors, investigates the effect of crisis on job stress and dissatisfaction. Two stage cluster sampling is first used to collect primary data and relying on our sample and the collected variables we model for the first time a number of qualitative variables as features representing crisis (especially stress and dissatisfaction but also migration, reprioritizing and behavioral changes). Logistic regressions are used next presenting us with many useful elements concerning the function of stress, dissatisfaction and supportive elements and offering the corresponding probability of the effect on employees during the crisis. There are many new findings like, among others, the acceptance of salary reductions, number of working hours, economic migration, behavioral changes between management and employees, reprioritizing, and minimization of career opportunities.

Keywords: Crisis; Stress; satisfaction; dissatisfaction; migration; reprioritizing; behavioral change; logistic regression. (search for similar items in EconPapers)
JEL-codes: J01 J08 J61 J81 M50 M54 O15 (search for similar items in EconPapers)
Date: 2016-02
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