The Impact of Workplace Conditions on Firm Performance

Buhai, Sebastian; Cottini, Elena; Westergaard‐Nielsen, Niels

doi:10.2139/ssrn.1262698

Cited by 32 publications

(30 citation statements)

References 44 publications

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“…These could reinforce the effect of job satisfaction on productivity. 10 Black and Lynch (2001) explore the effects of workplace practices and information technology, while Buhai et al (2008) focus on the impacts of working conditions on firm performance. 11 The indicators for vintage, industries, and regions are omitted from the vector of explanatory variables in column 2 of Table 1 because they are not time-variant. choices), we have also estimated equation (1) by including establishment fixed effects.…”

Section: Fixed Effects Estimationmentioning

confidence: 99%

The Job Satisfaction-Productivity Nexus: A Study Using Matched Survey and Register Data

Böckerman¹,

Ilmakunnas²

2012

ILR Review

203

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The authors examine the role of employee job satisfaction in Finnish manufacturing plants over the period 1996-2001 to determine the extent to which it affects establishment-level productivity. Using matched data on job satisfaction from the European Community Household Panel (ECHP) and information on establishment productivity from longitudinal register data linked to the ECHP, they estimate that the effect of an increase in the establishment's average level of employee job satisfaction on productivity is positive, but its magnitude varies depending on the specification of the model. The authors use an instrumental variables point estimate and find that an increase in the measure of job satisfaction by one within-plant standard deviation increases value-added per hours worked in manufacturing by 6.6%. J ob satisfaction is an important attribute of all labor market matches, as it is a useful summary measure of utility at work. The effects of job satisfaction on various labor market outcomes such as employee quitting behavior, absenteeism, and job performance have been explored in the literature (see Warr 1999). Despite this, there are still relatively neglected areas of research. One of these neglected areas concerns the effect of employees' job satisfaction on firms' productivity rather than on individual performance. The issue has been high on the policy agenda. The European Union, for example, argues in its Lisbon strategy that job satisfaction positively affects firms' performance. This is a rather provocative claim because it implies that policies to improve job satisfaction would be beneficial for both employees and employers.

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Section: Fixed Effects Estimationmentioning

confidence: 99%

The Job Satisfaction-Productivity Nexus: A Study Using Matched Survey and Register Data

Böckerman¹,

Ilmakunnas²

2012

ILR Review

203

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“…Indeed, there are only a handful of exceptions internationally (Buhai et al . ; Munch‐Hansen et al . ) and none focusing specifically on psychological ill‐health.…”

Section: Introductionmentioning

confidence: 99%

“…1 Economists more typically consider productivity at the level of the workplace but, despite recognition of the potential insights from linking this to employee-reported information (e.g., Brown et al 2011), occupational health and safety (OHS) has not featured prominently within this literature. Indeed, there are only a handful of exceptions internationally (Buhai et al 2008;Munch-Hansen et al 2009) and none focusing specifically on psychological ill-health.…”

Section: Introductionmentioning

confidence: 99%

Job Anxiety, Work‐Related Psychological Illness and Workplace Performance

Jones

Latreille

Sloane

2015

Brit J Industrial Rel

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This paper uses matched employee-employer data from the British Workplace Employment Relations Survey (WERS) to examine the relationship between employee psychological health and workplace performance in 2004 and 2011. Using two measures of work-related psychological health -namely employee-reported job anxiety and manager-reported workforce stress, depression and anxiety -we find a positive relationship between psychological ill-health and absence, but not quits. The association between psychological ill-health and labour productivity is less clear, with estimates sensitive to sector, time period and the measure of psychological health. The 2004-2011 panel is further used to explore the extent to which change in psychological health is related to change in performance.JEL classification: I10, J28, J81, L20.

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“…Using employer-employee matched data, Abowd et al (1999) have found this for enterprises in France, Buhai et al (2008) for Denmark, and Hellerstein et al (1999) for the United States (US).…”

Section: Related Literaturementioning

confidence: 93%

Quality Employment and Firm Performance Evidence from Indian Firm-Level Data

Amoranto

Chun

2011

SSRN Journal

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The Impact of Workplace Conditions on Firm Performance

Cited by 32 publications

References 44 publications

The Job Satisfaction-Productivity Nexus: A Study Using Matched Survey and Register Data

The Job Satisfaction-Productivity Nexus: A Study Using Matched Survey and Register Data

Job Anxiety, Work‐Related Psychological Illness and Workplace Performance

Quality Employment and Firm Performance Evidence from Indian Firm-Level Data

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