Abstract

In this paper, the factors affecting job satisfaction of college graduates were analyzed. Job satisfaction consists of various factors, but job satisfaction is limited to job match, job satisfaction, and wages in this paper. Job match, job satisfaction, and wages each have information on employment status and compound information on the magnitude of job satisfaction. However, many previous studies have used only information on the size of job satisfaction to analyze it, overlooking the problem of sample selection bias. In order to overcome this problem, the Tobit model was used in the analysis. The main results are summarized as follows. First, Tobit model was statistically significant. Second, it can be seen that as male compared to female, age, and average GPA increase, job satisfaction increases significantly. Third, it can be seen that natural science compared to arts is higher, and the higher the major satisfaction and parents' income, the higher the job satisfaction. Finally, as a result of homogeneous test of the regression coefficients for each category level of independent variables, it can be seen that there is a statistically significant difference in most of the independent variables.

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