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The influence of stress and satisfaction on productivity

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  • Halkos, George

Abstract

In this study, using a random sample of 425 employees in the private and public sector, we investigate the effects of stress and job satisfaction on the functioning of a company. Our attention is focused on factors that affect stress and job satisfaction like the number of work hours, good relations between management and employees, good function of the group and work related to employees’ area of education. Factor Analysis is used first in order to identify the responsible factors for the correlation among a large number of qualitative and quantitative variables and their influence on productivity. The extracted factors showed us that productivity is an element affected by the two qualitative factors, stress and satisfaction. Increased stress leads to reduced productivity and increased satisfaction leads to increased productivity. Logistic Regression is used next presenting us with a lot of useful elements concerning the function of stress, satisfaction and supportive elements on productivity.

Suggested Citation

  • Halkos, George, 2008. "The influence of stress and satisfaction on productivity," MPRA Paper 39654, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:39654
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    References listed on IDEAS

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    1. Gurmu, Shiferaw & Rilstone, Paul & Stern, Steven, 1998. "Semiparametric estimation of count regression models1," Journal of Econometrics, Elsevier, vol. 88(1), pages 123-150, November.
    2. Catalano, R., 1991. "The health effects of economic insecurity," American Journal of Public Health, American Public Health Association, vol. 81(9), pages 1148-1152.
    3. Heslop, Pauline & Davey Smith, George & Metcalfe, Chris & Macleod, John & Hart, Carole, 2002. "Change in job satisfaction, and its association with self-reported stress, cardiovascular risk factors and mortality," Social Science & Medicine, Elsevier, vol. 54(10), pages 1589-1599, May.
    4. Heaney, Catherine A. & Israel, Barbara A. & House, James S., 1994. "Chronic job insecurity among automobile workers: Effects on job satisfaction and health," Social Science & Medicine, Elsevier, vol. 38(10), pages 1431-1437, May.
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    Cited by:

    1. Cristina Borra & Francisco Gómez-García, 2016. "Wellbeing at Work and the Great Recession: The Effect of Others’ Unemployment," Journal of Happiness Studies, Springer, vol. 17(5), pages 1939-1962, October.
    2. Halkos, George & Bousinakis, Dimitrios, 2016. "The effect of crisis on employees’ stress and dissatisfaction," MPRA Paper 70107, University Library of Munich, Germany.

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    More about this item

    Keywords

    Stress; satisfaction; productivity;
    All these keywords.

    JEL classification:

    • J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
    • J81 - Labor and Demographic Economics - - Labor Standards - - - Working Conditions
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M50 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - General

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