• English
  • Italiano
Helliwell, J. F., Huang, H. (2011). Well-Being and Trust in the Workplace. Journal of Happiness Studies, DOI: 10.1007/s10902-010-9225-7

This paper uses life satisfaction regressions based on three surveys in two countries (Canada and the United States) to estimate the relative values of financial and non-financial job characteristics. The well-being results show strikingly large values for non-financial job characteristics, especially workplace trust and other measures of the quality of social capital in workplaces. For example, an increase of trust in management that is about one tenth of the scale has a value in terms of life satisfaction equivalent to an increase of more than 30% in monetary income. We find that these values differ significantly by gender and by union status. We consider the reasons for such large values, and explore their implications for employers, employees, and policy-makers.

Authors

Helliwell, John F.

John F. Helliwell is Arthur J.E. Child Foundation Fellow of the Canadian Institute for Advanced Research and co-director (with George Akerlof) of CIFAR's program on "Social Interactions, Identity and Well-Being". He is also Professor Emeritus of Economics at the University of British...

Huang, Haifang

Upcoming events

No events in the list.