Earnings and Job Satisfaction of Employed Spanish Doctoral Graduates

Abstract

The increasing demand for highly qualifi ed workers in developed
countries has raised a new interest in analysing whether doctoral
training meets the needs of the European labour market. Job
satisfaction enables an approach to both the relationship between
training and job position and to a company’s successful management of
its relationship with those workers who are PhD holders. The results
indicate that an analysis based on earnings is relevant, as it makes it
possible to identify two clear job satisfaction behaviours: on the one
hand, as earnings increase, so does job satisfaction, although this is
found to a lesser extent in the higher earnings range; on the other hand,
when moving up in the salary range, the relative assessment of job
satisfaction components changes, as well as their signifi cance in
explaining the variations in job satisfaction.