Why are managers happier than workers?
This paper studies the determinants of differences in self reported job satisfaction across occupations using data from the 2006/2007 European Social Survey (18 countries). When the effect of other variables is not accounted for, being a Manager yields a "satisfaction bonus" two times as big as the one provided by Workers positions. This substantial satisfaction gap between those holding Managerial positions and Workers practically disappears when we control for individual, household and work related variables. Even though the differences across occupations are reduced, all occupations bring about more job satisfaction than manual and service positions. All results hold when using the European Working Conditions Survey data set. In addition, the results are robust to the use of job satisfaction as a categorical variable and to a variation of the model specification that takes into account the potential endogeneity of the occupational choice.
ARJONA PEREZ Elena;
D'HOMBRES Beatrice;
MASCHERINI Massimiliano;
2010-08-18
Publications Office of the European Union
JRC59720
978-92-79-16359-3,
1018-5593,
EUR 24477 EN,
OP LB-NA-24477-EN-C,
https://publications.jrc.ec.europa.eu/repository/handle/JRC59720,
10.2788/47138,
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