The Influence Of Monetary And Non-Monetary Poverty Of Economically Active People’s Households On Job Satisfaction

Abstract

The main aim of this paper is to reveal the relationship between poverty of economically active people’s households (monetary and non-monetary) and job satisfaction of workers from these households. Thus, the object of the study is economically active population in Russia and the subject — peculiarities of its poorest part’s attitude towards career. The study of the empirical side of the object in Russia is conducted on RLMS data, using pooled samples of its 21st wave (November-December 2012). The entire set of working individuals is divided into strata on the basis of per capita income or deprivation experienced by their households. Then we conduct a statistical study of job satisfaction of employees from these strata, with a special emphasis on the poorest stratum. During our study we compute the correlation coefficients, carry out a frequency analysis and t-tests for independent samples, construct contingency tables and calculate mean values. On the basis of these calculations, some conclusions about the degree of influence of monetary and non-monetary poverty on job satisfaction in Russia are made. The paper concludes with a number of recommendations aimed at reducing household poverty while improving job satisfaction of the economically active people living in poor households of Russia

Keywords

• economically active population
• job satisfaction
• absolute monetary poverty
• relative monetary poverty
• subjective monetary poverty
• non-monetary poverty