Do Job Disamenities Raise Wages or Ruin Job Satisfaction?

HECER Discussion Paper No. 20

37 Pages Posted: 5 Jan 2005

See all articles by Petri Bockerman

Petri Bockerman

Labour Institute for Economic Research; University of Turku - Turku School of Economics

Pekka Ilmakunnas

Aalto University School of Business

Date Written: September 2004

Abstract

This study investigates the role of adverse working conditions in the determination of individual wages and overall job satisfaction in the Finnish labour market. The potential influence of adverse working conditions on self-reported fairness of pay at the workplace is considered as an alternative, indirect measure of job satisfaction. The results show that working conditions have a very minor role in the determination of individual wages in the Finnish labour market. In contrast, adverse working conditions substantially increase the level of job dissatisfaction and the perception of unfairness of pay at the workplace.

Keywords: Compensating wage differentials, job satisfaction, working conditions

JEL Classification: J28, J31

Suggested Citation

Bockerman, Petri and Ilmakunnas, Pekka, Do Job Disamenities Raise Wages or Ruin Job Satisfaction? (September 2004). HECER Discussion Paper No. 20, Available at SSRN: https://ssrn.com/abstract=642522 or http://dx.doi.org/10.2139/ssrn.642522

Petri Bockerman

Labour Institute for Economic Research ( email )

FIN-00530 Helsinki
Finland
+358 9 2535 7332 (Phone)
+358 9 2535 7332 (Fax)

HOME PAGE: http://www.petribockerman.fi/

University of Turku - Turku School of Economics ( email )

Rehtorinpellonkatu 3
TURKU, FI-20500
Finland

Pekka Ilmakunnas (Contact Author)

Aalto University School of Business ( email )

PO Box 21240
FI-00076 Aalto, Helsinki
Finland
+358 40 5815390 (Phone)

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