Arbeitspapier
Social Comparisons of Wage Increases and Job Satisfaction
We combine status quo and social comparison considerations and investigate whether relative wage increases in the sense of differences between individual wage increases and wage increases of comparable employees are related to managers' job satisfaction. Using a panel data set of managers in the German chemical industry, we indeed find first evidence. The relation between relative wage increases and job satisfaction is relevant for managers with lower absolute wage levels in particular.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 10038
Klassifikation
Wirtschaft
Personnel Economics: Compensation and Compensation Methods and Their Effects
Safety; Job Satisfaction; Related Public Policy
Wage Level and Structure; Wage Differentials
Personnel Economics: Compensation and Compensation Methods and Their Effects
Safety; Job Satisfaction; Related Public Policy
Wage Level and Structure; Wage Differentials
Thema
job satisfaction
reference points
social comparisons
status quo preferences
wage increases
reference points
social comparisons
status quo preferences
wage increases
Ereignis
Geistige Schöpfung
(wer)
Grund, Christian
Rubin, Maike
Rubin, Maike
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2016
- Handle
- Letzte Aktualisierung
-
12.07.2024, 13:21 MESZ
Objekttyp
- Arbeitspapier
Beteiligte
- Grund, Christian
- Rubin, Maike
- Institute for the Study of Labor (IZA)
Entstanden
- 2016
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