IDEAS home Printed from https://ideas.repec.org/a/rnd/arimbr/v16y2024i3p137-146.html
   My bibliography  Save this article

Social and Finance Security on Gig Workers’ Well-being with Occupational Satisfaction as an Intervening Variable

Author

Listed:
  • Abdul Mutalib Mohamed Azim
  • Nazruzila Razniza Mohd Nadzri
  • Nurulbahiah Awang
  • Tuan Fatma Tuan Sulaiman
  • Mohd Shahril Nizam Md Radzi

Abstract

The rise in unemployment, digitization, and the flexibility of gig workers have propelled the growth of Malaysia's gig economy. However, the well-being and occupational satisfaction of gig workers can be impacted by social and financial security concerns. This study looks at the well-being of Malaysian gig workers through the role of occupational satisfaction as a mediator, while social and financial security as independent variables. The results of a structured survey administered between November 2023 and February 2024 to 135 gig workers indicate that the well-being of Malaysian gig workers is rather low. This study found that occupational satisfaction acted as a mediator in the relationship between social and financial security and gig workers' well-being. These results highlight how important it is to have both social and financial stability to enhance employee occupational satisfaction and thus, improve gig workers’ well-being.

Suggested Citation

  • Abdul Mutalib Mohamed Azim & Nazruzila Razniza Mohd Nadzri & Nurulbahiah Awang & Tuan Fatma Tuan Sulaiman & Mohd Shahril Nizam Md Radzi, 2024. "Social and Finance Security on Gig Workers’ Well-being with Occupational Satisfaction as an Intervening Variable," Information Management and Business Review, AMH International, vol. 16(3), pages 137-146.
    • Handle: RePEc:rnd:arimbr:v:16:y:2024:i:3:p:137-146
    DOI: 10.22610/imbr.v16i3(I)S.4047
    as

    Download full text from publisher

    File URL: https://ojs.amhinternational.com/index.php/imbr/article/view/4047/2605
    Download Restriction: no
    File URL: https://ojs.amhinternational.com/index.php/imbr/article/view/4047
    Download Restriction: no
    File URL: https://libkey.io/10.22610/imbr.v16i3(I)S.4047?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Ernst Fehr & Klaus M. Schmidt, 1999. "A Theory of Fairness, Competition, and Cooperation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 114(3), pages 817-868.
    2. Ni Huang & Gordon Burtch & Yili Hong & Paul A. Pavlou, 2020. "Unemployment and Worker Participation in the Gig Economy: Evidence from an Online Labor Market," Information Systems Research, INFORMS, vol. 31(2), pages 431-448, June.
    3. Uchiyama, Yosuke & Furuoka, Fumitaka & Md. Akhir, Md. Nasrudin, 2022. "Gig Workers, Social Protection and Labour Market Inequality: Lessons from Malaysia," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 56(3), pages 165-184.
    4. Piet Ouweneel, 2002. "Social Security and Well-Being of the Unemployed in 42 Nations," Journal of Happiness Studies, Springer, vol. 3(2), pages 167-192, June.
    5. Pak, Tae-Young, 2020. "Social protection for happiness? The impact of social pension reform on subjective well-being of the Korean elderly," Journal of Policy Modeling, Elsevier, vol. 42(2), pages 349-366.
    6. Karina V. Gnatenko & Oleg M. Yaroshenko & Hanna V. Anisimova & Sofiia O. Shabanova & Andrey M. Sliusar, 2020. "Prohibition of discrimination as a principle of social security in the context of ensuring sustainable well-being," RIVISTA DI STUDI SULLA SOSTENIBILITA', FrancoAngeli Editore, vol. 0(2 suppl.), pages 173-187.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mohd Daud, Siti Nurazira & Osman, Zaiton & Samsudin, Shamzaeffa & Phang, Ing Grace, 2024. "Adapting to the gig economy: Determinants of financial resilience among “Giggers”," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 756-771.
    2. Agnes Bäker & Werner Güth & Kerstin Pull & Manfred Stadler, 2012. "On the Context-Dependency of Inequality Aversion - Experimental Evidence and a Stylized Model -," Jena Economics Research Papers 2012-023, Friedrich-Schiller-University Jena.
    3. Mengyuan Zhou, 2022. "Does the Source of Inheritance Matter in Bequest Attitudes? Evidence from Japan," Journal of Family and Economic Issues, Springer, vol. 43(4), pages 867-887, December.
    4. Guang Yang & Mulin Liu & Mei Cai & Qihua Yin, 2024. "An analytical game perspective model for pay-what-you-want pricing schemes considering consumer fairness," Information Technology and Management, Springer, vol. 25(4), pages 345-365, December.
    5. Engelhardt, Sebastian v. & Freytag, Andreas, 2013. "Institutions, culture, and open source," Journal of Economic Behavior & Organization, Elsevier, vol. 95(C), pages 90-110.
    6. David J. Cooper & Krista Saral & Marie Claire Villeval, 2021. "Why Join a Team?," Management Science, INFORMS, vol. 67(11), pages 6980-6997, November.
    7. Ellingsen, Tore & Johannesson, Magnus, 2009. "Time is not money," Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 96-102, October.
    8. Becchetti, Leonardo & Degli Antoni, Giacomo & Ottone, Stefania & Solferino, Nazaria, 2013. "Allocation criteria under task performance: The gendered preference for protection," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 45(C), pages 96-111.
    9. Mujcic, Redzo & Frijters, Paul, 2013. "Still Not Allowed on the Bus: It Matters If You're Black or White!," IZA Discussion Papers 7300, Institute of Labor Economics (IZA).
    10. Christian Thöni, 2014. "Inequality aversion and antisocial punishment," Theory and Decision, Springer, vol. 76(4), pages 529-545, April.
    11. Mononen, Lasse, 2024. "Dynamically Consistent Intergenerational Welfare," Center for Mathematical Economics Working Papers 687, Center for Mathematical Economics, Bielefeld University.
    12. Yukihiko Funaki & Emmanuel Sol & Marc Willinger, 2021. "Equal division among the few: an experiment about a coalition formation game," CEE-M Working Papers hal-03227388, CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro.
    13. Anne Corcos & Yorgos Rizopoulos, 2011. "Is prosocial behavior egocentric? The “invisible hand” of emotions," Post-Print halshs-01968213, HAL.
    14. Burks, Stephen V. & Carpenter, Jeffrey P. & Verhoogen, Eric, 2003. "Playing both roles in the trust game," Journal of Economic Behavior & Organization, Elsevier, vol. 51(2), pages 195-216, June.
    15. Fanghella, Valeria & Ibanez, Lisette & Thøgersen, John, 2025. "What you don't know, can't hurt you: Avoiding donation requests for environmental causes," Ecological Economics, Elsevier, vol. 233(C).
    16. Gonzalo Olcina & Vicente Calabuig, 2015. "Coordinated Punishment and the Evolution of Cooperation," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 17(2), pages 147-173, April.
    17. Engelmann, Dirk, 2012. "How not to extend models of inequality aversion," Journal of Economic Behavior & Organization, Elsevier, vol. 81(2), pages 599-605.
    18. Adrian Bruhin & Ernst Fehr & Daniel Schunk, 2019. "The many Faces of Human Sociality: Uncovering the Distribution and Stability of Social Preferences," Journal of the European Economic Association, European Economic Association, vol. 17(4), pages 1025-1069.
    19. Friedrich Heinemann & Martin Kocher, 2013. "Tax compliance under tax regime changes," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 20(2), pages 225-246, April.
    20. Benito Arruñada & Marco Casari & Francesca Pancotto, 2012. "Are self-regarding subjects more rational?," Economics Working Papers 1306, Department of Economics and Business, Universitat Pompeu Fabra.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rnd:arimbr:v:16:y:2024:i:3:p:137-146. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Muhammad Tayyab (email available below). General contact details of provider: https://ojs.amhinternational.com/index.php/imbr .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.