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What makes a good job? Evidence from OECD countries

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  • Andrew E. Clark

Abstract

Empirical labour economics largely considers that wages and hours of work are sufficient indicators of job quality. Using information on 14000 workers in 19 OECD countries it is shown that, first, workers actually say that wages and hours are amongst the least important characteristics of a job. Second, using information on 14 types of job outcomes, there is evidence of matching: workers who say that promotion is important have jobs with greater promotion opportunities, for example. Third, overall job satisfaction is strongly correlated with all of the job outcome variables, suggesting that it picks up a wide variety of only rarely-measured job characteristics. Fourth, jobs with better outcomes are held by women, older workers, and non-union workers (as typically found in job satisfaction analysis). Last, subjective evaluations of income and hours (considering one's income to be high, and wanting to change hours of work) have a strong significant impact on job satisfaction, even controlling for their objective counterparts.

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Bibliographic Info

Paper provided by DELTA (Ecole normale supérieure) in its series DELTA Working Papers with number 2004-28.

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Date of creation: 2004
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Handle: RePEc:del:abcdef:2004-28

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Cited by:
  1. Dominik Hanglberger, 2010. "Arbeitszufriedenheit und flexible Arbeitszeiten: empirische Analyse mit Daten des Sozio-oekonomischen Panels," SOEPpapers on Multidisciplinary Panel Data Research 304, DIW Berlin, The German Socio-Economic Panel (SOEP).
  2. Thomas Cornelißen & Olaf Hübler, 2011. "Unobserved Individual and Firm Heterogeneity in Wage and Job‐Duration Functions: Evidence from German Linked Employer–Employee Data," German Economic Review, Verein für Socialpolitik, vol. 12(4), pages 469-489, November.
  3. Natalia Montinari, 2011. "The Dark Side of Reciprocity," Jena Economic Research Papers 2011-052, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
  4. Falco, Paolo & Maloney, William F. & Rijkers, Bob & Sarrias, Mauricio, 2012. "Heterogeneity in Subjective Wellbeing: An Application to Occupational Allocation in Africa," IZA Discussion Papers 7057, Institute for the Study of Labor (IZA).
  5. Pugno, Maurizio & Verme, Paolo, 2012. "Life satisfaction, social capital and the bonding-bridging nexus," Policy Research Working Paper Series 5945, The World Bank.
  6. Tangian, Andranik S., 2005. "A composite indicator of working conditions in the EU-15 for policy monitoring and analytical purposes," WSI Discussion Papers 135, Wirtschafts- und Sozialwissenschaftliches Institut (WSI), Hans-Böckler-Stiftung.
  7. Kovacevic, Bojana & Gajic, Tamara & Penic, Mirjana, 2012. "Job Satisfaction Among The Employees In Novi Sad’S Tourist Agencies," Economics of Agriculture, Institute of Agricultural Economics, vol. 59(2).
  8. Böhnke, Petra & Kohler, Ulrich, 2008. "Well-being and inequality," Discussion Papers, Research Unit: Inequality and Social Integration SP I 2008-201, Social Science Research Center Berlin (WZB).
  9. Eric Bonsang & Arthur Soest, 2012. "Satisfaction with Job and Income Among Older Individuals Across European Countries," Social Indicators Research, Springer, vol. 105(2), pages 227-254, January.

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