Does Wage Rank Affect Employees' Well-being?
How do workers make wage comparisons? Both an experimental study and an analysis of 16,000 British employees are reported. Satisfaction and well‐being levels are shown to depend on more than simple relative pay. They depend upon the ordinal rank of an individual's wage within a comparison group...
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Veröffentlicht in: | Industrial relations (Berkeley) 2008-07, Vol.47 (3), p.355-389 |
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creator | BROWN, GORDON D. A. GARDNER, JONATHAN OSWALD, ANDREW J. QIAN, JING |
description | How do workers make wage comparisons? Both an experimental study and an analysis of 16,000 British employees are reported. Satisfaction and well‐being levels are shown to depend on more than simple relative pay. They depend upon the ordinal rank of an individual's wage within a comparison group. “Rank” itself thus seems to matter to human beings. Moreover, consistent with psychological theory, quits in a workplace are correlated with pay distribution skewness. |
doi_str_mv | 10.1111/j.1468-232X.2008.00525.x |
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issn | 0019-8676 1468-232X |
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source | Wiley Online Library - AutoHoldings Journals; Sociological Abstracts; EBSCOhost Business Source Complete |
subjects | Correlation analysis Great Britain Happiness Job satisfaction Labour relations Ranking Satisfaction Studies United Kingdom Wage rates Wages Wages & salaries Well-being Workers Working conditions |
title | Does Wage Rank Affect Employees' Well-being? |
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