Van Landeghem, B. orcid.org/0000-0001-6759-8893, Dohmen, T., Hole, A.R. orcid.org/0000-0002-9413-8101 et al. (1 more author) (2024) The value of commuting time, flexibility, and job security: evidence from current and recent jobseekers in Flanders. Labour Economics, 91. 102631. ISSN 0927-5371
Abstract
This study examines jobseekers’ preferences for a variety of job attributes. It is based on a choice experiment involving 1852 clients of the Flemish Public Employment Service (PES). Respondents value flexibility (e.g., remote work and schedule flexibility), job security and social impact of the job, and require significant compensation for longer commute times. A majority (70%) would need very substantial wage increase beyond their acceptable baseline wage to compensate for less flexibility, job security or social impact. These findings enhance our understanding of labour supply decisions and can inform the design of salary packages and HR policies.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2024 The Authors. Published by Elsevier B.V. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/ ). |
Keywords: | Reservation wage; Job search; Job amenities; Compensating differentials; Choice experiments |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Economics (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 30 Sep 2024 15:17 |
Last Modified: | 30 Sep 2024 15:17 |
Status: | Published |
Publisher: | Elsevier BV |
Refereed: | Yes |
Identification Number: | 10.1016/j.labeco.2024.102631 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:217773 |