Do fringe benefits affect job satisfaction?
|Author:||Bc. Veronika Plachá|
|Year:||2020 - summer|
|Leaders:|| Mgr. Barbara Pertold-Gebicka M.A., Ph.D.
|Work type:|| Bachelors
|Awards and prizes:|
|Abstract:||Fringe benefits remain a substantial part of the compensation, but their influence on job
satisfaction is ambiguous. Their presence might result in decreased job satisfaction and
reduced job mobility. The aim of this thesis is to test the hypothesis that fringe benefits
affect job satisfaction. The study uses data from the National Longitudinal Survey of
Youth conducted in 2017 and applies five regression models to determine the relationship
between job satisfaction, fringe benefits, and various work aspects. The outcomes revealed
that significant types of fringe benefits are a flexible work schedule, paid maternity leave,
and tuition reimbursement for certain types of schooling. The availability of each of these
might increase job satisfaction. However, the effect of four other types of fringe benefits
appears to be negative. This thesis also examines the perception of fringe benefits for
different subsamples and finds that men value the availability of a flexible work schedule
more than women and medical insurance is positively correlated with job satisfaction
only for single workers. Therefore, this thesis supports the hypothesis that fringe benefits
affect job satisfaction.