Graduation Year
2020
Date of Submission
12-2019
Document Type
Campus Only Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Heather Antecol
Terms of Use & License Information
Abstract
Although the literature detailing the determinants of job satisfaction is well developed, only a handful of papers formally analyze the relationship between job satisfaction and individual fringe benefits. Of the papers that do, several of the theories put forth are not tested empirically and there is minimal attention given to the variation that arises from gendered occupations. In order to address these shortcomings, I use 2015 data from the 1997 Longitudinal Survey of Youth and run of variety of probit models. My results reveal that offering flexible work schedules, childcare, and medical insurance increases the probability of job satisfaction. Also, I prove that being on a spouse’s medical plan adversely effects the relationship between employer-sponsored medical insurance and job satisfaction. Furthermore, I find little evidence in support of the job lock effect, or the idea that being offered medical insurance lowers one’s job satisfaction because their preexisting condition makes them ineligible for medical benefits at another job. Finally, I find that the effect of gender dominated occupations has little intelligible impact on the relationship between individual benefits on job satisfaction, with the exception that individuals in female dominated occupations prefer tuition reimbursement benefits more than those in male dominated occupations.
Recommended Citation
Clarke, Zachary, "The Impact of Individual Fringe Benefits on Employee Job Satisfaction" (2020). CMC Senior Theses. 2340.
https://scholarship.claremont.edu/cmc_theses/2340
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.
