Wie Löhne und Arbeitsbedingungen die Jobzufriedenheit beeinflussen und was dies für Lohnunterschiede nach Geschlecht bedeutet

We study how wages and working conditions affect job satisfaction of ETH graduates usingan original survey among 2,583 alumni. We find that non-wage job amenities are strongly related to job satisfaction. For ETH graduates, having interesting tasks is by far the most important determinant of overall job satisfaction, followed by communication in the firm and supervisor behaviour. In contrast, the monetary remuneration, and workers’ satisfaction with the monetary remuneration, are only weakly related to job satisfaction. We do not find much evidence in favour of the theory of compensating differentials. We find that women, on average, indicate a lower overall job satisfaction.This holds for almost all aspects of job satisfaction that we levied. Women benefit from fewer fringe benefits along most dimensions. We observe a raw gender pay gap of 16% in the sample, of which 9 percentage points are explained by differences in observed characteristics. The unexplained wage gap of 7% cannot be explained by gender differences in the measured aspects of job satisfaction and fringe benefits.