Sustainable Careers: Reliability of Job Satisfaction Predictors for Employees Aged 50+. Evidence from Romanian Development Regions

Abstract

In this paper, we analyze the determinants of job satisfaction for employees over the age 50 or more, using the latest SHARE-ERIC dataset (Wave 7) filtered for Romania (over 2000 records). After applying logistic regressions with average marginal effects, we obtained an overall and seven regional models which emphasize that a good atmosphere at the workplace and the deserved recognition received for the work done are the most reliable predictors of career satisfaction, confirmed in this order of importance by many other robustness checks. Particularly, in the case of respondents from the Western part of Romania, we found that meritocracy-based influence, namely deserved recognition, counts almost as much as the workplace atmosphere. For these individuals, previous educational performance and lifetime employment at a single job matter more than the previous dual-core on job satisfaction. Unexpectedly, the adults from central romania present a negative influence of life satisfaction on job satisfaction due to an unbalanced work-family vision of life. The locus of control has different effects on job satisfaction in south and south-western regions, while in the north-east, meaning in life is negatively influencing job satisfaction. Bridge employment exerts a negative influence on career satisfaction in the north-west, and in the South-East, and interpersonal trust has a positive effect.