Prague Economic Papers 2017, 26(1):72-89 | DOI: 10.18267/j.pep.596

Stability and Satisfaction at Work During the Spanish Economic Crisis

María Carmen Sánchez-Sellero¹, Pedro Sánchez-Sellero², María Montserrat Cruz-González³, Francisco Javier Sánchez-Sellero⁴

¹ University of Coruña, Department of Applied Economics II, Faculty of Economics and Business Administration, La Coruña, Spain (c.sanchez@udc.es)

² University of Zaragoza, Department of Business Administration, School of Engineering, Zaragoza, Spain (pedross@unizar.es)

³ University of Vigo, Department of Business Administration, Faculty of Economics and Business Administration, Vigo- Pontevedra, Spain (mcruz@uvigo.es)

⁴ University of Vigo, Department of Business Administration, Faculty of Economics and Business Administration, Vigo- Pontevedra, Spain (javiss@uvigo.es)

This paper analyses temporary work and job satisfaction among salaried workers during the Spanish economic crisis of 2008. Using data from the Spanish National Statistics Institute (INE) 2013 Economically Active Population Survey (EAPS), we find that temporary workers lost their job more than others during this period. However, salaried workers have higher average levels of satisfaction in 2007-2010, possibly due to the lower requirements of workers. We find a positive relationship between the unlikeliness of keeping a job and low job satisfaction levels in data from the Survey of Quality of Life at Work (2010) through a correspondence analysis. A linear model with a level of job satisfaction as a dependent variable shows negative coefficients for a level of job satisfaction if the probability of keeping the job is somewhat unlikely or very unlikely. Finally, an ordinal probit regression finds that the estimated likelihood to reach high job satisfaction is lower in temporary workers.

Keywords: stability, temporary work, satisfaction, crisis, employability

JEL classification: C12, J24, J28

Prepublished online: July 13, 2016; Published: February 1, 2017  Show citation