Life Domain Satisfactions as Predictors of Overall Life Satisfaction Among Workers: Evidence from Chile |
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Authors: | Nicolas Loewe Mehdi Bagherzadeh Luis Araya-Castillo Claudio Thieme Joan Manuel Batista-Foguet |
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Institution: | 1. Leadership Development Research Centre (GLEAD), ESADE Business School, Ramon Llull University, Av. Torre Blanca, 59, 08172, Sant Cugat del Vallès, Spain 2. Institute for Innovation and Knowledge Management (IIK), ESADE Business School, Ramon Llull University, Sant Cugat del Vallès, Spain 3. Observatory of Spanish Multinational Companies (OEME)/Department of Strategy and General Management, ESADE Business School, Ramon Llull University, Sant Cugat del Vallès, Spain 4. Facultad de Economía y Empresa, Universidad Diego Portales, Santiago, Chile
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Abstract: | This article examines the subjective antecedents of life satisfaction of workers. Adopting a ‘bottom-up’ perspective, we assessed the unique influence that satisfaction with multiple life domains have on evaluative judgments of overall life satisfaction. Based on a nationwide sample of 530 Chilean workers, we simultaneously tested the effects of seven life domain satisfactions that have been consistently included in extant models of life satisfaction and subjective well-being. These were satisfaction with health, financial situation, social relationships, one’s self-worth, leisure-time, family, and work. Having controlled for age and gender, results showed that satisfaction with one’s financial situation was the dominant predictor of overall life satisfaction of workers, with a weight of .36. Satisfaction with family, work, and health had effects of .25, .14, and .14, respectively. Interestingly, satisfaction with one’s self-worth, leisure-time, and social relationships did not have statistically significant effects on life satisfaction, although the first two showed t values near the critical value. |
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