Articlegreen2008

Well-Being and Trust in the Workplace

132 citations0/0 files storedJournal of Happiness Studies

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Psychological Well-being and Life Satisfaction Job Satisfaction and Organizational Behavior Employment and Welfare Studies

Abstract

This paper summarizes and extends our recent work using life satisfaction regressions to estimate the relative values of financial and non-financial job characteristics.The well-being results show strikingly large values for non-financial job characteristics, especially workplace trust and other measures of the quality of social capital in workplaces.For example, an increase of trust in management that is about one tenth of the scale is equivalent to more than 30% increase in monetary income.We find that these values differ significantly by gender and by union status.We consider the reasons for such large values, and explore their implications for employers, employees, and policy-makers.

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References

2000Bowling alone: the collapse and revival of American community 2005Happiness: Lessons from a New Science 1999TRUST AND DISTRUST IN ORGANIZATIONS: Emerging Perspectives, Enduring Questions 2004The social context of well–being 1997Job satisfaction and gender: Why are women so happy at work?2003How's life? Combining individual and national variables to explain subjective well-being 2005Gender Role Attitudes and the Labour-market Outcomes of Women across OECD Countries 2001What really matters in a job? Hedonic measurement using quit data

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2013Weekends and Subjective Well-Being 2016Building subjective well-being indicators at the subnational level 2019Patterns of Trust and Subjective Well-Being Across Europe: New Insights from Repeated Cross-Sectional Analyses Based on the European Social Survey 2002–2016 2017Life satisfaction and self-employment in different types of occupations 2017Spatial nature of urban well-being 2010

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