Determinants of Job Satisfaction across the EU-15: A Comparison of Self-Employed and Paid Employees


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Abstract

 

Authors: José María Millán A, Jolanda Hessels B, C, Rafael Aguado A, Roy Thurik B, C, D

A Department of General Economics and Statistics, University of Huelva, Spain

B EIM Business and Policy Research, The Netherlands

C Erasmus School of Economics, Erasmus University Rotterdam, The Netherlands

D Max Planck Institute of Economics, Germany

 
 
Job satisfaction is of great importance to enhance organizational performance. This paper focuses on determinants of job satisfaction of self-employed and paid-employed workers using the European Community Household Panel for the EU-15 covering the years 1994-2001. We distinguish between two types of job satisfaction, i.e. job satisfaction in terms of type of work and job satisfaction in terms of job security. Findings from our generalized ordered logit regressions indicate that self-employed as compared to paid employees are more likely to be satisfied with their present job in terms of type of work and less likely to be satisfied in terms of job security. Furthermore, we find that employment transitions mainly have a positive impact on satisfaction with type of work and a negative impact on satisfaction with job security. The findings also provide insight into the determinants of the two types of job satisfaction for both self-employed and paid employees.
 
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Jolanda Hessels Ingrid Verheul
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