Is Becoming Self‐Employed a Panacea for Job Satisfaction? Longitudinal Evidence from Work to Self‐Employment Transitions

24 Pages Posted: 28 Oct 2016

Date Written: October 2016

Abstract

Using British longitudinal data, we investigate whether individuals enjoy a permanent boost in their job satisfaction by becoming self‐employed. We track individuals before and after transitions from work to self‐employment and record changes in their job and domain satisfaction scores. We find that job satisfaction follows a rising trajectory immediately upon transition into self‐employment and a declining trajectory in subsequent years, as expectations fail to materialize and the novelty of the new venture wanes down. Thus, our findings confirm that job satisfaction gains are not necessarily permanent, suggesting that self‐employment is not always a panacea for job satisfaction.

Suggested Citation

Georgellis, Yannis and Yusuf, Afees, Is Becoming Self‐Employed a Panacea for Job Satisfaction? Longitudinal Evidence from Work to Self‐Employment Transitions (October 2016). Journal of Small Business Management, Vol. 54, pp. 53-76, 2016, Available at SSRN: https://ssrn.com/abstract=2860399 or http://dx.doi.org/10.1111/jsbm.12292

Yannis Georgellis (Contact Author)

University of Kent ( email )

Canterbury, Kent CT2 7PE
United Kingdom

Afees Yusuf

Middlesex University ( email )

The Burroughs
London, NW4 4BT
United Kingdom

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
0
Abstract Views
184
PlumX Metrics