Abstract
The workplace experienced a profound shift during the COVID-19 pandemic, in which many individuals reassessed their careers and considered leaving their jobs. However, this shift does not appear to have affected Europe, especially Luxembourg, as it did the United States. We show the share of employees actively seeking a new job actually declined in Luxembourg during the pandemic (2019–22). We argue this is likely due to relatively stable job satisfaction in the country, as well as the fact that job satisfaction is the strongest predictor of employees’ intentions to quit in Luxembourg. In particular, employees who were dissatisfied with their jobs were 22 percentage points more likely quit in 2023. We conclude with a broader discussion on the benefits of workplace well-being (including job satisfaction) and how to enhance it. Essentially, improving job quality should reduce employee resignations and lead to better workplace outcomes.
Acknowledgments
The author(s) gratefully acknowledge the support of STATEC, the National Statistical Office of Luxembourg. Views and opinions expressed in this article are those of the author(s) and do not reflect those of STATEC and funding partners. This work contains statistical data from STATEC. The use of STATEC’s statistical data in this work does not imply endorsement by STATEC regarding the interpretation or analysis of the data. This work utilizes research datasets that may not exactly reproduce National Statistics aggregates. The authors would like to thank Chiara Peroni and Anne Hartung for the helpful comments. The authors declare they have no competing interests.
Sample summary statistics.
Variable | Share | Variable | Share |
---|---|---|---|
Job finding difficulties | |||
Intend to quit | 0.13 | Strongly disagree | 0.14 |
Disagree | 0.20 | ||
Satisfied | 0.77 | Neither | 0.22 |
Age categories | Agree | 0.31 | |
25–34 | 0.31 | Strongly agree | 0.13 |
35–44 | 0.34 | ||
45–54 | 0.25 | Income categories | |
56–64 | 0.10 | €0 to €20,000 | 0.04 |
€20,001 to €40,000 | 0.10 | ||
Female | 0.43 | €40,001 to €60,000 | 0.18 |
Household size | €60,001 to €80,000 | 0.15 | |
1 | 0.15 | €80,001 to €100,000 | 0.17 |
2 | 0.24 | More than €100,000 | 0.36 |
3–4 | 0.48 | ||
More than 4 | 0.13 | Good health | |
Strongly disagree | 0.01 | ||
Immigrant | 0.64 | Disagree | 0.03 |
Education | Neither | 0.08 | |
Primary | 0.04 | Agree | 0.32 |
Secondary | 0.37 | Strongly agree | 0.56 |
Bachelor | 0.23 | ||
Master | 0.36 | Occupation a | |
Business | 0.58 | ||
Part-time worker | 0.15 | Government | 0.40 |
Not for profit | 0.12 |
-
Note: 964 observations. Sample of 25–64 year old employed workers from Luxembourg summer 2023. aCategories are not mutually exclusive. Source: Authors’ calculations using the Global Entrepreneurship Monitor 2023.
Regressions of intention-to-quit on job dissatisfaction and various controls.
(1) | (2) | (3) | ||||
---|---|---|---|---|---|---|
Intention to quit | Intention to quit | Intention to quit | ||||
Dissatisfied | 0.218*** | (0.045) | 0.005 | (0.051) | ||
Dissatisfied × age 25–34 | 0.327*** | (0.093) | 0.331*** | (0.083) | ||
Dissatisfied × age 35–44 | 0.270*** | (0.095) | 0.275*** | (0.083) | ||
Dissatisfied × age 45–54 | 0.058 | (0.072) | 0.063 | (0.060) | ||
Dissatisfied × age 55–64 | 0.005 | (0.051) | ||||
Age 25–34 | 0.107*** | (0.036) | 0.040 | (0.033) | 0.040 | (0.033) |
35–44 | 0.094*** | (0.034) | 0.044 | (0.033) | 0.044 | (0.033) |
45–54 | 0.052 | (0.032) | 0.047 | (0.033) | 0.047 | (0.033) |
Female | −0.072** | (0.028) | −0.063** | (0.028) | −0.063** | (0.028) |
Immigrant | −0.043* | (0.025) | −0.046* | (0.025) | −0.046* | (0.025) |
HH size (2) | −0.018 | (0.046) | −0.011 | (0.046) | −0.011 | (0.046) |
HH size (3–4) | −0.033 | (0.035) | −0.030 | (0.035) | −0.030 | (0.035) |
HH size (4+) | 0.031 | (0.052) | 0.039 | (0.049) | 0.039 | (0.049) |
Educ. primary | 0.079 | (0.110) | 0.068 | (0.114) | 0.068 | (0.114) |
Educ. bachelor | 0.053* | (0.031) | 0.052* | (0.030) | 0.052* | (0.030) |
Educ. master+ | 0.084*** | (0.031) | 0.080*** | (0.029) | 0.080*** | (0.029) |
Part time worker | 0.011 | (0.040) | 0.009 | (0.041) | 0.009 | (0.041) |
Private sector | −0.011 | (0.040) | −0.021 | (0.039) | −0.021 | (0.039) |
Public sector | −0.038 | (0.038) | −0.043 | (0.037) | −0.043 | (0.037) |
Not for profit | 0.006 | (0.032) | 0.004 | (0.033) | 0.004 | (0.033) |
€0 to €20,000 | 0.037 | (0.083) | 0.027 | (0.083) | 0.027 | (0.083) |
€20,001 to €40,000 | 0.045 | (0.067) | 0.061 | (0.066) | 0.061 | (0.066) |
€60,001 to €80,000 | −0.052 | (0.048) | −0.046 | (0.048) | −0.046 | (0.048) |
€80,001 to €100,000 | −0.035 | (0.050) | −0.032 | (0.049) | −0.032 | (0.049) |
More than €100,000 | −0.111** | (0.045) | −0.108** | (0.044) | −0.108** | (0.044) |
Good hlth. st. disagree | 0.012 | (0.186) | 0.024 | (0.164) | 0.024 | (0.164) |
Good hlth. disagree | −0.021 | (0.089) | 0.004 | (0.089) | 0.004 | (0.089) |
Good hlth. agree | 0.046 | (0.054) | 0.048 | (0.055) | 0.048 | (0.055) |
Good hlth. st. agree | 0.070 | (0.054) | 0.069 | (0.055) | 0.069 | (0.055) |
Find job st. disagree | 0.056 | (0.042) | 0.054 | (0.040) | 0.054 | (0.040) |
Find job disagree | 0.062 | (0.038) | 0.058 | (0.037) | 0.058 | (0.037) |
Find job agree | 0.090*** | (0.035) | 0.093*** | (0.035) | 0.093*** | (0.035) |
Find job st. agree | 0.168*** | (0.049) | 0.177*** | (0.049) | 0.177*** | (0.049) |
Constant | −0.029 | (0.090) | 0.010 | (0.087) | 0.010 | (0.087) |
# Of observations | 964 | 964 | 964 | |||
Adj. R squared | 0.132 | 0.153 | 0.153 |
-
Note: Ordinary least squares (linear probability) regression of intention to quit on job dissatisfaction and controls. Column 1 is based on the specification: Int_to_quit i = α + βjob_dissat i + X i δ + ɛ i , where Int_to_quit i is a binary variable signifying individual i intends to resign, as specified in the text. X i is the vector of controls. The column 3 specification is augmented to allow the job dissatisfaction relation to vary by age group, as follows: Int_to_quit i = α + job_dissat i × AGE i β ∗ + X i δ + ɛ i . In this way, the vector β* reflects the relation of job dissatisfaction compared to job satisfaction for each age group. The main effect of age is included in X i . Column 2 presents the more traditional interaction specification that is harder to interpret. The results have the same meaning as expected. Sample of 25–64 year old employed workers from Luxembourg summer 2023. Robust standard errors in parentheses; * p < 0.10, ** p < 0.05, *** p < 0.01. Source: Authors’ calculations using the Global Entrepreneurship Monitor 2023.
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Artikel in diesem Heft
- Frontmatter
- Research Articles
- Fair Choices During COVID-19: Firms’ Altruism and Inequality Aversion in Managing a Large Short-Time Work Scheme
- Inequality in Health Status During the COVID-19 in the UK: Does the Impact of the Second Lockdown Policy Matter?
- The Political Timing of Tax Policy: Evidence from U.S. States
- Is it a Matter of Skills? High School Choices and the Gender Gap in STEM
- Patent Licensing and Litigation
- Class Size, Student Disruption, and Academic Achievement
- Political Orientation and Policy Compliance: Evidence from COVID-19 Mobility Patterns in Korea
- Social Efficiency of Free Entry in a Vertically Related Industry with Cost and Technology Asymmetry
- Carbon Tax with Individuals’ Heterogeneous Environmental Concerns
- Equitable Redistribution and Inefficiency under Credit Rationing
- Letters
- Psychological Well-Being of Only Children: Evidence from the One-Child Policy
- Peer Effects in Child Work Decisions: Evidence from PROGRESA Cash Transfer Program
- Right Time to Focus? Time of Day and Cognitive Performance
- Employee Dissatisfaction and Intentions to Quit: New Evidence and Policy Recommendations
- On the Stability of Common Ownership Arrangements
Artikel in diesem Heft
- Frontmatter
- Research Articles
- Fair Choices During COVID-19: Firms’ Altruism and Inequality Aversion in Managing a Large Short-Time Work Scheme
- Inequality in Health Status During the COVID-19 in the UK: Does the Impact of the Second Lockdown Policy Matter?
- The Political Timing of Tax Policy: Evidence from U.S. States
- Is it a Matter of Skills? High School Choices and the Gender Gap in STEM
- Patent Licensing and Litigation
- Class Size, Student Disruption, and Academic Achievement
- Political Orientation and Policy Compliance: Evidence from COVID-19 Mobility Patterns in Korea
- Social Efficiency of Free Entry in a Vertically Related Industry with Cost and Technology Asymmetry
- Carbon Tax with Individuals’ Heterogeneous Environmental Concerns
- Equitable Redistribution and Inefficiency under Credit Rationing
- Letters
- Psychological Well-Being of Only Children: Evidence from the One-Child Policy
- Peer Effects in Child Work Decisions: Evidence from PROGRESA Cash Transfer Program
- Right Time to Focus? Time of Day and Cognitive Performance
- Employee Dissatisfaction and Intentions to Quit: New Evidence and Policy Recommendations
- On the Stability of Common Ownership Arrangements