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Does wage rank affect employees' well-being?
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Brown, G. D. A. (Gordon D. A.), Gardner, Jonathan, Oswald, Andrew J. and Qian, Jing (2008) Does wage rank affect employees' well-being? Industrial Relations, Vol.47 (No.3). pp. 355-389. doi:10.1111/j.1468-232X.2008.00525.x ISSN 0019-8676.
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Official URL: http://dx.doi.org/10.1111/j.1468-232X.2008.00525.x
Abstract
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.
Item Type: | Journal Article | ||||
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Subjects: | H Social Sciences > HM Sociology | ||||
Divisions: | Faculty of Social Sciences > Economics | ||||
Library of Congress Subject Headings (LCSH): | Wage differentials, Pay equity, Organizational sociology | ||||
Journal or Publication Title: | Industrial Relations | ||||
Publisher: | Blackwell Publishing | ||||
ISSN: | 0019-8676 | ||||
Official Date: | 21 May 2008 | ||||
Dates: |
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Volume: | Vol.47 | ||||
Number: | No.3 | ||||
Page Range: | pp. 355-389 | ||||
DOI: | 10.1111/j.1468-232X.2008.00525.x | ||||
Status: | Peer Reviewed | ||||
Access rights to Published version: | Open Access (Creative Commons) | ||||
Funder: | Economic and Social Research Council (Great Britain) (ESRC), Biotechnology and Biological Sciences Research Council (Great Britain) (BBSRC) | ||||
Grant number: | 88/S15050 (BBSRC), R000239002 (ESRC), R000239351 (ESRC). |
Data sourced from Thomson Reuters' Web of Knowledge
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