Not for the Profit, but for the Satisfaction? - Evidence on Worker Well-Being in Non-Profit Firms
AbstractNon-profit firms are often seen as workplaces where people not only work for money, but also find substantial satisfaction in the kind of work they do. Studies looking at compensating wage differentials, however, have only found limited support for this notion. In this paper, a novel approach is undertaken to compare the utilities of non-profit and for-profit employees, by using measures of job satisfaction. The results show that in both the United States and Great Britain over the 1990's, non-profit workers were generally more satisfied with their jobs than for-profit workers. The robustness of the results is explored in detail, and implications for the governance of non-profit firms are shortly discussed. Copyright 2005 Blackwell Publishing Ltd..
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Kyklos.
Volume (Year): 58 (2005)
Issue (Month): 2 (04)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0023-5962
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- Goering, Gregory E., 2008. "Welfare impacts of a non-profit firm in mixed commercial markets," Economic Systems, Elsevier, vol. 32(4), pages 326-334, December.
- Jean-Michel ETIENNE & Mathieu NARCY, 2010. "Gender Wage Differentials in the French Nonprofit and For-Profit Sectors: Evidence from Quantile Regression," Annales d'Economie et de Statistique, ENSAE, issue 99-100, pages 67-90.
- Gabriella Conti & Stephen Pudney, 2008.
"If you're happy and you know it, clap your hands! Survey design and the analysis of satisfaction,"
016, "Carlo F. Dondena" Centre for Research on Social Dynamics (DONDENA), Università Commerciale Luigi Bocconi.
- Goering, Gregory E., 2008. "Socially concerned firms and the provision of durable goods," Economic Modelling, Elsevier, vol. 25(3), pages 575-583, May.
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