Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/301028 
Year of Publication: 
2024
Series/Report no.: 
ECONtribute Discussion Paper No. 322
Publisher: 
University of Bonn and University of Cologne, Reinhard Selten Institute (RSI), Bonn and Cologne
Abstract: 
This study examines jobseekers' preferences for a variety of job attributes. It is based on a choice experiment involving 1,852 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.
Subjects: 
Reservation Wage
Job Search
Job Amenities
Compensating Differentials
Choice Experiments
JEL: 
J31
J32
J64
J16
Document Type: 
Working Paper

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