Encyclopedia of Quality of Life and Well-Being Research

2014 Edition
| Editors: Alex C. Michalos

Job and Income Satisfaction Among Older Europeans

  • Eric BonsangEmail author
  • Arthur Van Soest
Reference work entry
DOI: https://doi.org/10.1007/978-94-007-0753-5_3959



This entry summarizes a study by Bonsang and van Soest (2012) using data on individuals of ages 50 and older from 11 European countries to analyze satisfaction with household income and  job satisfaction, both contributing substantially to overall well-being (Van Praag & Ferrer-i-Carbonell, 2008). Labor market and living conditions of older individuals have become key policy issues in Europe.  Poverty is more prevalent among the elderly (Tsakloglou, 1996) and lack of economic resources makes older people vulnerable to poor  quality of life (Grundy, 2006). Policies aimed at increasing labor force participation of older individuals are required to preserve the sustainability of pension systems. Since job satisfaction is an important factor driving retirement decisions (Kosloski, Ekerdt, & DeViney, 2001), it is particularly relevant to study job satisfaction of older workers.

An important issue in comparing self-reported well-being measures is that individuals...

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Copyright information

© Springer Science+Business Media Dordrecht 2014

Authors and Affiliations

  1. 1.Research Center for Education and the Labour MarketMaastricht University and NetsparMaastrichtThe Netherlands
  2. 2.Tilburg University and NetsparTilburgThe Netherlands