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Understanding pay satisfaction in public sector: Evidence from Sri Lanka

Author

Listed:
  • Vathsala Wickramasinghe

    (University of Moratuwa)

Abstract

Purpose: The research investigated the determinants of pay satisfaction of executive-level employees in public sector of Sri Lanka, which follows an open pay system. Design/methodology/approach: The perceptions of equity, love of money, justice, and seven individual and socio-demographic characteristics were investigated as determinants of pay satisfaction. The survey methodology is used for data collection. Findings: The findings showed equity, love of money, justice, the years of work experience in public sector, the number of income earners in the family and the number of dependents in the family as the significant predictors of pay satisfaction. Gender is identified as a significant predictor of love of money. Originality/value: The study investigated the dynamics of pay satisfaction in a novel research context -i.e., public sector, an open pay system, gender equality in the pay system and an Asian developing country.

Suggested Citation

  • Vathsala Wickramasinghe, 2023. "Understanding pay satisfaction in public sector: Evidence from Sri Lanka," Post-Print hal-05546670, HAL.
  • Handle: RePEc:hal:journl:hal-05546670
    DOI: 10.1108/jabs-02-2021-0078
    Note: View the original document on HAL open archive server: https://hal.science/hal-05546670v1
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    References listed on IDEAS

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    4. Ningyu Tang & Jingqiu Chen & Kaili Zhang & Thomas Li-Ping Tang, 2018. "Monetary Wisdom: How Do Investors Use Love of Money to Frame Stock Volatility and Enhance Stock Happiness?," Journal of Happiness Studies, Springer, vol. 19(6), pages 1831-1862, August.
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