Bryson, Alex, Barth, Erling and Dale-Olsen, Harald (2012) Do higher wages come at a price? Journal of economic psychology, 33 (1). pp. 251-263. ISSN 0167-4870
Using linked employer–employee data for Britain we find that higher wages are associated with higher job satisfaction and higher job anxiety. The association between wages and non-pecuniary job satisfaction disappears with the inclusion of effort measures whereas the positive association between wages and job anxiety remains strong and significant providing no support for a compensating differential explanation, but rather for a ‘gift exchange’ type of reciprocal behaviour. No support is found for the proposition that within-workplace wage differentials are a source of job anxiety.
|Additional Information:||© 2012 Elsevier B.V.|
|Uncontrolled Keywords:||worker wellbeing, job stress, job anxiety, job satisfaction, wages, compensating differentials|
|Library of Congress subject classification:||H Social Sciences > H Social Sciences (General)
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
|Journal of Economic Literature Classification System:||J - Labor and Demographic Economics > J3 - Wages, Compensation, and Labor Costs > J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc.
J - Labor and Demographic Economics > J8 - Labor Standards: National and International > J81 - Working Conditions
|Sets:||Research centres and groups > Centre for Economic Performance (CEP)|
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