Socio-Economic Differences in the Perceived Quality of High and Low-Paid Jobs in Greece

University of Aberdeen Business School Working Paper No. 2007-05

Posted: 15 Jan 2008

See all articles by Konstantinos Pouliakas

Konstantinos Pouliakas

University of Aberdeen - Business School; Cedefop; IZA Institute of Labor Economics

Ioannis Theodossiou

University of Aberdeen - Business School

Date Written: January 2007

Abstract

This study investigates the differences in perceived job quality exist among high and low-paid workers in Greece by using self-reported job satisfaction to proxy the overall quality of work as perceived by the individual worker. It is shown that low-paid workers in Greece seem to suffer from a double penalty, since their jobs appear also to be of bad quality. Analysis of specific facets of jobs revealed that this is the result of lower average satisfaction with pay and the type of work performed by the low wage employees. In view of this segmentation, combined with the fact that Greece remains a low wage economy, it becomes evident that policies that centre on the quality of jobs are of equal importance to those that focus on the level of pay that these jobs provide.

Keywords: Job Satisfaction, Low pay, Segmented labour markets

JEL Classification: J28, J42

Suggested Citation

Pouliakas, Konstantinos and Pouliakas, Konstantinos and Theodossiou, Ioannis, Socio-Economic Differences in the Perceived Quality of High and Low-Paid Jobs in Greece (January 2007). University of Aberdeen Business School Working Paper No. 2007-05, Available at SSRN: https://ssrn.com/abstract=1083624

Konstantinos Pouliakas (Contact Author)

University of Aberdeen - Business School ( email )

Edward Wright Building
Dunbar Street
Aberdeen, Scotland AB24 3QY
United Kingdom

Cedefop ( email )

PO Box 22427
Finikas (Thessaloniki), 55102
Greece

IZA Institute of Labor Economics ( email )

P.O. Box 7240
Bonn, D-53072
Germany

Ioannis Theodossiou

University of Aberdeen - Business School ( email )

Edward Wright Building
Dunbar Street
Aberdeen, Scotland AB24 3QY
United Kingdom

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