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Job Satisfaction

Theoretical arguments suggest that codetermination has scope for real efficiency gains in terms of both productivity & job satisfaction, but the latter is difficult to measure, while the former is mostly likely to show up in long-run data sets that are difficult to acquire. Americans value economic democracy equivalently to a wage increase of $20/hr. Codetermination raised the probability of employees preferring to work at a firm by 7%; ESOP's by 10%. Below average job participation has a substantial negative marginal effect on job satisfaction. Job satisfaction and profitability are positively correlated. Codetermination appears to have had null, or slightly positive, impact on job satisfaction.
What Does Codetermination Do? Impact of employee’s job satisfaction on organizational performance. Job Satisfaction: How Crucial is Participative Decision Making? What Do Americans Want From (Private) Government? Codetermination, Efficiency, and Productivity
Benjamin Schoefer Shakkad Noy Simon Jäger Hummayoun Naeem Mushtaq Ahmad M. Latif Don Webber Gail Pacheco
Codetermination
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