Publication type
Research Paper
Series Number
2007/042
Series
Lancaster University Management School Working Paper
Authors
Publication date
June 1, 2007
Abstract:
If workers can choose between permanent and flexible contracts, compensating wage differentials should arise to equalize on-the-job utility in the two types of contracts. Estimating job satisfaction using the British Household Panel Survey shows that agency and casual contracts are associated with routinely lower satisfaction. This results because the low job satisfaction associated with less job security is not offset by higher compensation or other job characteristics. Job security is sufficiently important that holding constant this one facet of satisfaction eliminates the overall gap in job satisfaction between flexible and permanent contracts.
Subjects
Link
- http://econpapers.repec.org/paper/lanwpaper/005276.htm
Notes
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working paper
#510595