Arbeitspapier

Job satisfaction and co-worker wages: status or signal?

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.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 3073

Klassifikation
Wirtschaft
Thema
Job satisfaction
co-workers
comparison income
wage expectations
tournaments
Arbeitszufriedenheit
Gruppenarbeit
Lohnstruktur
Erwerbsstatus
Signalling
Vergleich
Leistungsmotivation
Dänemark

Ereignis
Geistige Schöpfung
(wer)
Clark, Andrew E.
Kristensen, Nicolai
Westergård-Nielsen, Niels Christian
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2007

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Clark, Andrew E.
  • Kristensen, Nicolai
  • Westergård-Nielsen, Niels Christian
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2007

Ähnliche Objekte (12)