Are You Satisfied With Your Pay When You Compare? It Depends on Your Love of Money, Pay Comparison Standards, and Culture

Verfasser / Beitragende:
[Roberto Luna-Arocas, Thomas Tang]
Ort, Verlag, Jahr:
2015
Enthalten in:
Journal of Business Ethics, 128/2(2015-05-01), 279-289
Format:
Artikel (online)
ID: 605483388
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024 7 0 |a 10.1007/s10551-014-2100-4  |2 doi 
035 |a (NATIONALLICENCE)springer-10.1007/s10551-014-2100-4 
245 0 0 |a Are You Satisfied With Your Pay When You Compare? It Depends on Your Love of Money, Pay Comparison Standards, and Culture  |h [Elektronische Daten]  |c [Roberto Luna-Arocas, Thomas Tang] 
520 3 |a We develop a theoretical model of income and pay comparison satisfaction with two mediators (love of money and pay comparison standards), examine the direct and the indirect paths of our model, and treat culture (the US vs. Spain) as a moderator. Based on 311 professors in the US and Spain, we demonstrate a positive direct path and a negative indirect path. Our subsequent multi-group analysis illustrates: For American professors, their direct path shows that income is directly related to high pay comparison satisfaction. Their indirect path reveals the following new insights: Professors with high income have a strong love of money orientation, set their pay equity comparison standards (deserved pay and other's salary) significantly higher than their own salary, and as a consequence, have low pay comparison satisfaction. For Spanish professors, love of money is not related to their pay comparison standards which are slightly (non-significantly) higher than their own self-reported income. Neither the direct nor the indirect path is significant. The standardized total effect of income to pay satisfaction is positive for American professors, but negligible for Spanish professors. Are you satisfied with your pay when you compare? Our results demonstrate that pay comparisonsatisfaction depends on not only one's income but also one's love of money and pay equity comparison standards which mayvary across cultures. 
540 |a Springer Science+Business Media Dordrecht, 2014 
690 7 |a Professors' income  |2 nationallicence 
690 7 |a Money attitude  |2 nationallicence 
690 7 |a Love of money  |2 nationallicence 
690 7 |a Pay comparison standards  |2 nationallicence 
690 7 |a Pay comparison satisfaction  |2 nationallicence 
690 7 |a Internal and external referent  |2 nationallicence 
690 7 |a Deserved pay  |2 nationallicence 
690 7 |a Other's pay  |2 nationallicence 
690 7 |a The US  |2 nationallicence 
690 7 |a Spain  |2 nationallicence 
690 7 |a Cross-cultural  |2 nationallicence 
700 1 |a Luna-Arocas  |D Roberto  |u Department of Management, University of Valencia, Valencia, Spain  |4 aut 
700 1 |a Tang  |D Thomas  |u Department of Management and Marketing, Jennings A. Jones College of Business, Middle Tennessee State University, P.O. Box 516, 37132, Murfreesboro, TN, USA  |4 aut 
773 0 |t Journal of Business Ethics  |d Springer Netherlands  |g 128/2(2015-05-01), 279-289  |x 0167-4544  |q 128:2<279  |1 2015  |2 128  |o 10551 
856 4 0 |u https://doi.org/10.1007/s10551-014-2100-4  |q text/html  |z Onlinezugriff via DOI 
898 |a BK010053  |b XK010053  |c XK010000 
900 7 |a Metadata rights reserved  |b Springer special CC-BY-NC licence  |2 nationallicence 
908 |D 1  |a research-article  |2 jats 
949 |B NATIONALLICENCE  |F NATIONALLICENCE  |b NL-springer 
950 |B NATIONALLICENCE  |P 856  |E 40  |u https://doi.org/10.1007/s10551-014-2100-4  |q text/html  |z Onlinezugriff via DOI 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Luna-Arocas  |D Roberto  |u Department of Management, University of Valencia, Valencia, Spain  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Tang  |D Thomas  |u Department of Management and Marketing, Jennings A. Jones College of Business, Middle Tennessee State University, P.O. Box 516, 37132, Murfreesboro, TN, USA  |4 aut 
950 |B NATIONALLICENCE  |P 773  |E 0-  |t Journal of Business Ethics  |d Springer Netherlands  |g 128/2(2015-05-01), 279-289  |x 0167-4544  |q 128:2<279  |1 2015  |2 128  |o 10551