Abstract
This paper analyzes the levels of job satisfaction reported by older workers (aged 50–64) with and without disability by using an aggregating approach in which job satisfaction is seen as a combination of various job satisfaction domains (physical effort, time pressure, level of freedom, capability to develop new skills, support in the workplace, recognition of the work, salary, promotion prospect and job security). Using the Survey of Health, Ageing and Retirement in Europe, we estimate a two-layer model based on the interrelation between the different domains of job satisfaction and wherein the individual’s overall job satisfaction depends on each of these domains. The results show that the levels of satisfaction with the recognition of the work, support in difficult situations and physical effort have a significant effect on the overall job satisfaction reported by limited disabled workers. For this group, the trade-offs between the domains recognition with work and support and satisfaction with salary are especially high. These findings can help organizations, managers and policy makers to design or modify current jobs to make them more attractive in terms of satisfaction for limited disabled older workers.
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