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Relative pay and job satisfaction: some new evidence

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  • J Taylor
  • S Bradley
  • A N Nguyen

Abstract

This paper investigates the determinants of job satisfaction using data from the National Educational Longitudinal Study. The determinants of interest include actual pay, relative pay, hours of work, job autonomy and several personal characteristics. We also investigate the determinants of satisfaction with pay conditional on a worker's satisfaction with other domains of job satisfaction, such as satisfaction with job security. We find that relative pay is statistically significant but that its effect on satisfaction with pay is relatively small. Job autonomy has a powerful influence on satisfaction with pay. So too does being black.

Suggested Citation

  • J Taylor & S Bradley & A N Nguyen, 2003. "Relative pay and job satisfaction: some new evidence," Working Papers 541451, Lancaster University Management School, Economics Department.
  • Handle: RePEc:lan:wpaper:541451
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Paulo Aguiar Do Monte, 2011. "Job Dissatisfaction And Labour Turnover:Evidence From Brazil," Anais do XXXVIII Encontro Nacional de Economia [Proceedings of the 38th Brazilian Economics Meeting] 135, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    2. Kamal, Yasir & Hanif, Fawad, 2009. "Pay and Job Satisfaction: A Comparative Analysis of Different Pakistani Commercial Banks," MPRA Paper 16059, University Library of Munich, Germany.
    3. Julide Yildirim & Nebile Korucu & Semsettin Karasu, 2010. "Further Education Or Re-Enlistment Decision In Turkish Armed Forces: A Seemingly Unrelated Probit Analysis," Defence and Peace Economics, Taylor & Francis Journals, vol. 21(1), pages 89-103.
    4. Ahmed Imran, Hunjra & Muhammad Irfan, Chani & Sher, Aslam & Muhammad, Azam & Kashif-Ur, Rehman, 2010. "Factors Affecting job satisfaction of employees in Pakistani banking sector," MPRA Paper 32130, University Library of Munich, Germany.
    5. Yelena Kalyuzhnova & Uma Kambhampati, 2007. "Education or employment-choices facing young people in Kazakhstan," Journal of International Development, John Wiley & Sons, Ltd., vol. 19(5), pages 607-626.
    6. Georgios P. Kouretas & Mark E. Wohar, 2012. "The dynamics of inflation: a study of a large number of countries," Applied Economics, Taylor & Francis Journals, vol. 44(16), pages 2001-2026, June.
    7. Efstathios Dimitriadis & Anna Sarafidou & Despoina Kaltsidou, 2014. "The Impact of Effective Human Resource Management Practices on Job Satisfaction: The Case of National Bank of Greece," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 57-76.
    8. Butt, Babar Zaheer & Rehman, Kashif Ur & Safwan, Nadeem, 2007. "A study measuring the effect of pay, promotion and training on job satisfaction in pakistani service industry," MPRA Paper 54431, University Library of Munich, Germany.

    More about this item

    Keywords

    job; satisfaction; wages; autonomy; security;

    JEL classification:

    • I0 - Health, Education, and Welfare - - General

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