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2 edition of Job satisfaction as an economic variable. found in the catalog.

Job satisfaction as an economic variable.

Richard B. Freeman

Job satisfaction as an economic variable.

by Richard B. Freeman

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  • 38 Currently reading

Published by Harvard Institute of Economic Research in Cambridge (Mass.) .
Written in English


Edition Notes

SeriesDiscussion paper / harvard Institute of Economic Research -- no.592
ID Numbers
Open LibraryOL13836260M

Job Satisfaction as an Economic Variable BY R. B. FREEMAN* Job satisfaction, while the subject of popular attention, of an extensive sociology and industrial psychology literature, and of theories of "alienation," has been studied by relatively few economists (see George. Employee satisfaction is a measure of how happy workers are with their job and working environment. In this paper various variables responsible for employee satisfaction has been discussed such as Organization development factors, Job security factors, Work task factors, Policies of compensation and benefit factor and.

Spector () refers to job satisfaction in terms of how people feel about their jobs and different aspects of their jobs. Ellickson and Logsdon () support this view by defining job satisfaction as the extent to which employees like their work. Schermerhorn () defines job satisfaction as an affective or emotional response. In , employees’ overall satisfaction level with their current job—at 88 percent—was the highest satisfaction level seen on the SHRM survey in the last 10 years.

Freeman R. Job Satisfaction as an Economic Variable. American Economic Review. ;68 (2)Cited by: Employee job satisfaction is one of the most studied subjects in the management literature. The importance of job satisfaction can be explained by three factors. First, job satisfaction is an important determinant of the quality of service delivered by employees (Zeithaml et al., ).


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Job satisfaction as an economic variable by Richard B. Freeman Download PDF EPUB FB2

Job Satisfaction as an Economic Variable Richard B. Freeman. NBER Working Paper No. Issued in December NBER Program(s):Labor Studies The purpose of this paper is to examine these concerns and evaluate the use of job satisfaction (and other subjective variables) in Cited by: Get this from a library.

Job Satisfaction as an Economic Variable. [Richard B Freeman; National Bureau of Economic Research.;] -- The purpose of this paper is to examine these concerns and evaluate the use of job satisfaction (and other subjective variables) in labor market analysis.

The main theme is that, while there are good. Job satisfaction is the degree to which people like their jobs. variable. American Economic Review, 68 Job satisfaction as an economic variable. book, – G o l d t h o The contents of the book are structured within the. Job Satisfaction is the most frequently studied variable in organizational behavior research.

This new book provides an overview of the vast literature on this topic. The nature of job satisfaction is discussed along with techniques for assessing job satisfaction including existing scales and new instruments. In addition, the book summarizes the findings concerning how people feel about 5/5(1).

Reciprocal causation-The two variables cause each other; e.g. high job satisfaction causes high job performance which then increases job satisfaction.

Common-causal variables -Variables not part of the research hypothesis cause both the predictor and the outcome variable; e.g. individual disposition may cause both satisfaction and job performance.

Satisfaction is also found to depend anomolously on some economic variables (such as unionism) in ways that provide insight into how those factors affect people. The purpose of this paper is to examine these concerns and evaluate the use of job satisfaction (and other subjective variables) in.

Downloadable (with restrictions). The purpose of this paper is to examine these concerns and evaluate the use of job satisfaction (and other subjective variables) in labor market analysis. The main theme is that, while there are good reasons to treat subjective variables gingerly, the answers to questions about how people feel toward their job are not meaningless but rather convey useful.

The cronbach alpha for working environment was and job satisfaction was that is why the data collected using the questionnaire has provided valuable information about the opinions of employees about the variables Table 3: Correlation matrix for Working Environment and Job Satisfaction Correlation Job Satisfaction Top Management.

In the regression model, life satisfaction, self-esteem, and perceived stress predicted job satisfaction (F =p job satisfaction. Job satisfaction may lead to cost reduction by reducing absences, task errors, conflicts at work and turnover.

As work is an important aspect of people’s lives and most people spend a large part of their working lives at work, understanding the factors involved in job satisfaction is crucial to improving employees ‘performance and productivity.

job performance, and common causes of these two variables. Job satisfaction has been defined as “feelings or affective responses to facets of the (workplace) situation” (Smith, Kendall, & Hulin,p.

More recently, researchers have acknowledged that job satisfaction is. Mark L. Savickas, Suzanne Savickas, in Reference Module in Neuroscience and Biobehavioral Psychology, Job Satisfaction. Job satisfaction is the most frequently studied variable in organizational research because employers want to know how to avoid labor turnover and reward their best workers.

In contrast to the organization's perspective on the relation of job satisfaction to. Cite this paper: Azza H. Shalaby, The Effect of Control Variables of Job Satisfaction and Organizational Citizenship on the Performance of External Auditor (Field Study in Saudi Arabia), International Journal of Finance and Accounting, Vol.

4 No. 6,pp. doi: / Job satisfaction Job satisfaction is any blend of mental, physiological, and natural circumstances that bring about a man honestly to say I am satisfied by my job (Hoppock, ).

Job satisfaction is characterized as “it is the distinction between the measure of. The variables believed to explain job satisfaction of assistant principals (age, opportunity for advancement, career aspirations, compensation, feelings of compensation fairness, supervisor relations, and ability utilization) were analyzed through path analysis to determine the effects of the independent variables on the three measures of job.

2 The responses to satisfaction questions (and other subjective variables that lack a definite metric) can be scaled in two possible ways in analysis. First, they can be written as n—chotomous variables, taking the value 1 if the individual's response fell into the given category and 0 otherwise.

When satisfaction is an independent variable, the set of duinies has an a priori ordering of. To study about the various theories of job satisfaction 3. Theories of Job Satisfaction Job satisfaction has been treated as a complex set of variables.

There have been various attempts to explain job satisfaction in different ways A reflection on these theories will show that in the discussion it is very difficult to consider motivation.

Table 1 shows the mean and standard deviation of the variables of job satisfaction and the relationship between Tests 1 and 2. Based on mean values, teachers showed high satisfaction with their work (M =SD = ). The next best indicator of.

This paper aims to identify if entrepreneurship as a career option is related to job satisfaction and family satisfaction by comparing entrepreneurs with non-entrepreneurs. To do so, a tool was used to measure job satisfaction, family satisfaction and the existence of interrole conflicts.,Cluster analysis and linear regression models were used to test the hypotheses.,Results indicate that.

Overall Nurse Job Satisfaction (Table 6). Nurse job satisfaction is positive or pleasurable emotional state resulting from the appraisal of one's job or job experience. Job satisfaction of nurse by determinant factors was measured using the questionnaire adopted and adapted by principal investigator with a item scale.

Inthis was originally developed by Smith, Kendall, and Hulin. 72 items in this index assess five facets of job satisfaction which include: work, pay, promotions, supervision, and coworkers.

Through the combination of ratings of satisfaction with the faces, a composite measure of job satisfaction is determined. Global Job Satisfaction.Introduction.

Economists are increasingly analyzing data on subjective well-being (SWB). From topapers and numerous books have been published in the economics literature using data on life satisfaction or subjective well-being, according to a search of Econ Lit.

1 Data on life satisfaction or happiness have been used as outcome measures in studies of the tradeoff between.Job satisfaction will contribute to the economic development and enhance the quality of service provided, which will lead to greater public satisfaction.

Literature Review. Job satisfaction is one of the widely discussed topics of employees' behaviors at work in public sectors and it depends on institutional scenario, facilities, salaries, work.