Do minimum wages increase job satisfaction? Micro data evidence from the new German minimum wage
"On 1 January 2015 a new statutory minimum wage of EURO 8.50 per hour of work was introduced in Germany. Using a difference-in-differences approach, we estimate effects on worker-level outcomes of continuing employees. The results reveal a meaningful absolute increase in the affected workers...
Main Authors: | , |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Nürnberg
2016
IAB |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19103630124919218129-Do-minimum-wages-increase-job-.htm |
_version_ | 1771659893203271680 |
---|---|
author | Bossler, Mario Broszeit, Sandra |
author_facet | Bossler, Mario Broszeit, Sandra |
collection | Library items |
description | "On 1 January 2015 a new statutory minimum wage of EURO 8.50 per hour of work was introduced in Germany. Using a difference-in-differences approach, we estimate effects on worker-level outcomes of continuing employees. The results reveal a meaningful absolute increase in the affected workers' pay satisfaction. The increase in job satisfaction is modest and predominantly driven by changes in pay satisfaction implying only a small effect on all other dimensions of job satisfaction. Moreover, effects from the minimum wage on work engagement and turnover intention are virtually zero." |
format | TEXT |
geographic | Germany |
id | 19103630124919218129_e7efbb0bc69c4787ab9d28b0782c86c1 |
institution | ETUI-European Trade Union Institute |
is_hierarchy_id | 19103630124919218129_e7efbb0bc69c4787ab9d28b0782c86c1 |
is_hierarchy_title | Do minimum wages increase job satisfaction? Micro data evidence from the new German minimum wage |
language | English |
physical | 20 p. Digital |
publishDate | 2016 |
publisher | Nürnberg IAB |
spellingShingle | Bossler, Mario Broszeit, Sandra employees attitude job satisfaction minimum wage Do minimum wages increase job satisfaction? Micro data evidence from the new German minimum wage |
thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=106563592474 |
title | Do minimum wages increase job satisfaction? Micro data evidence from the new German minimum wage |
topic | employees attitude job satisfaction minimum wage |
url | https://www.labourline.org/KENTIKA-19103630124919218129-Do-minimum-wages-increase-job-.htm |