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Relative pay and job satisfaction: some new evidence

Taylor, J and Bradley, S and Nguyen, A N (2003) Relative pay and job satisfaction: some new evidence. Working Paper. The Department of Economics, Lancaster University.

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    Abstract

    This paper investigates the determinants of job satisfaction using data from the National Educational Longitudinal Study. The determinants of interest include actual pay, relative pay, hours of work, job autonomy and several personal characteristics. We also investigate the determinants of satisfaction with pay conditional on a worker's satisfaction with other domains of job satisfaction, such as satisfaction with job security. We find that relative pay is statistically significant but that its effect on satisfaction with pay is relatively small. Job autonomy has a powerful influence on satisfaction with pay. So too does being black.

    Item Type: Monograph (Working Paper)
    Uncontrolled Keywords: job ; satisfaction ; wages ; autonomy ; security
    Subjects:
    Departments: Lancaster University Management School > Economics
    ID Code: 48653
    Deposited By: ep_importer_pure
    Deposited On: 11 Jul 2011 22:04
    Refereed?: No
    Published?: Published
    Last Modified: 27 Jul 2012 01:12
    Identification Number:
    URI: http://eprints.lancs.ac.uk/id/eprint/48653

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