Job Satisfaction and Wages of Family Employees Block, Joern H.

By: Block, Joern H
Material type: ArticleArticlePublisher: 2015Subject(s): Wages | Job Satisfaction | Family Employees | Family Business | Entrepreneurship In: Entrepreneurship Theory and PracticeSummary: Although they represent a sizable occupational group, little is known about family employees. Using utility theory and the theory of compensating wage differentials, we hypothesize that family employees have higher levels of job satisfaction and lower wages relative to regular employees. We present several regressions based on a large cross-country panel data set that support our hypotheses, and we discuss our study's implications for research on family businesses and the labor market.
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Item type Current location Call number Vol info Status Date due Barcode
Articles Articles Ahmedabad (HO)
(Browse shelf) Vol. 39, Issue. 2 Available 019633

Although they represent a sizable occupational group, little is known about family employees. Using utility theory and the theory of compensating wage differentials, we hypothesize that family employees have higher levels of job satisfaction and lower wages relative to regular employees. We present several regressions based on a large cross-country panel data set that support our hypotheses, and we discuss our study's implications for research on family businesses and the labor market.

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