Economy & Business, Volume 11, 2017

Abstract: Quality of life at the workplace has a substantial impact on wellbeing of most adults. We distinguished three types of determinants: work-specific drivers, objective features of the employee as part of human capital (age, employment status, education level, etc.) and other subjective perceptions, feelings and attitudes (personality type, general life satisfaction) of the employee. Majority of people spend significant part of their life at work so it is crucial to determine those drivers which make employees happier, more satisfied – and hopefully – more productive. The first task was to find the key work-specific and personal features that affect employee wellbeing. The second issue was to test the assumption that job-satisfaction is positively correlated with the productivity on individual level. We tested our hypothesis on EU-SILC micro dataset together with its special module on wellbeing for 2013. We found that job satisfaction had a direct positive influence on individual productivity. We made some conclusions and emphasized the role of the employers and the government.