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social comparisons. We explore the relative relevance of these concepts for total compensation as well as for different parts … of the compensation package of managers. Making use of a unique panel data set of managers of the German chemical sector …, we find that social comparisons of compensation indeed affect reported job satisfaction. Managers compare their total …
Persistent link: https://www.econbiz.de/10010291337
Keller Williams is one of the most successful real estate franchises in the world. The leaders of the company attribute its growth in large part to a cultural model that emphasizes profit sharing, interdependence, and success through the efforts of others. However, in general, the impact of...
Persistent link: https://www.econbiz.de/10011864720
social comparisons. We explore the relative relevance of these concepts for total compensation as well as for different parts … of the compensation package of managers. Making use of a unique panel data set of managers of the German chemical sector …, we find that social comparisons of compensation indeed affect reported job satisfaction. Managers compare their total …
Persistent link: https://www.econbiz.de/10010604103
A wide range of high involvement management practices, such as self-managed teams, incentive pay schemes, and employer-provided training have been shown to boost firms' productivity and financial performance. However, less is known about whether these practices, which give employees more...
Persistent link: https://www.econbiz.de/10011433255
Many measures of job satisfaction have been trending downward. Because jobs are a key part of most people's lives, knowing what makes a good job (job quality) is vital to knowing how well society is doing. Integral to worker well-being, job quality also affects the labor market through related...
Persistent link: https://www.econbiz.de/10011433841
Following theories of social and economic identity, we use representative data containing measures of personal identity to investigate the interplay of work identity and hours of work in determining subjective wellbeing (job satisfaction, job-related anxiety and depression, and life...
Persistent link: https://www.econbiz.de/10011434156
Subjective Well-Being has increasingly been studied by several economists. This paper fits in that literature but takes into account that there are different aspects of life such as health, financial situation, and job. We call them domains. In this paper, we consider Subjective Well-Being as a...
Persistent link: https://www.econbiz.de/10011435763
This paper investigates job characteristics that German training companies could use as a signal to apprentices to lower the quit intentions of apprentices and further to maximize their own probability to cover occurred net costs. Moreover, the results could also be used as policy implications...
Persistent link: https://www.econbiz.de/10011485636
There has been an intense debate as to the effects of offshoring and global value chains on labor, with the debate centering around possible negative employment and income effects for the low(er) skilled in advanced economies. Although sociological and psychological research has shown that...
Persistent link: https://www.econbiz.de/10011488441
The effects on employment of the recent economic crisis have become evident and persistent in many OECD countries, exacerbating on the one hand the demand for more flexibility by the firms; on the other the need to ensure workers security. 'Flexicurity', an institutional frame implementing a...
Persistent link: https://www.econbiz.de/10011499335