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ISSN: 2247-6172;<br />

ISSN-L: 2247-6172<br />

Review <strong>of</strong> Applied Socio- Economic Research<br />

(Volume 5, Issue 1/ 2013 ), pp. 96<br />

URL: http://www.reaser.eu<br />

e-mail: editors@reaser.eu<br />

Us<strong>in</strong>g <strong>the</strong> same dataset <strong>and</strong> <strong>the</strong> same procedure also for SWLS <strong>and</strong> for HDI 2005, <strong>the</strong> follow<strong>in</strong>g aspects<br />

can be noticed.<br />

The percentage <strong>of</strong> those who feel very satisfied or satisfied with work<strong>in</strong>g conditions <strong>in</strong> <strong>the</strong>ir ma<strong>in</strong> paid<br />

job is <strong>the</strong> best predictor also for SWLS, expla<strong>in</strong><strong>in</strong>g 61% <strong>of</strong> this <strong>in</strong>dicator variability (fig. 2). The next most<br />

correlated predictors with SWLS are: job <strong>in</strong>volves work<strong>in</strong>g to tight deadl<strong>in</strong>es at least a quarter <strong>of</strong> <strong>the</strong> time<br />

(%) <strong>and</strong> <strong>the</strong> percentage <strong>of</strong> those who agree <strong>the</strong>y are well paid for <strong>the</strong> work <strong>the</strong>y do. The first two variables<br />

could predict <strong>the</strong> SWLS <strong>in</strong> a proportion <strong>of</strong> 73.8%, while all <strong>the</strong> three toge<strong>the</strong>r expla<strong>in</strong> 79.1% <strong>of</strong> <strong>the</strong> variance<br />

<strong>in</strong> SWLS.<br />

Fig. 1: Quality <strong>of</strong> work <strong>in</strong>dicators as predictors <strong>of</strong> EIU Quality <strong>of</strong> Life Index.<br />

Fig. 2: Quality <strong>of</strong> work <strong>in</strong>dicators as predictors <strong>of</strong> Satisfaction With Life Scale.<br />

The percentage <strong>of</strong> those who feel very satisfied or satisfied with work<strong>in</strong>g conditions <strong>in</strong> <strong>the</strong>ir ma<strong>in</strong> paid<br />

job rema<strong>in</strong>s <strong>the</strong> best predictor also for HDI 2005, account<strong>in</strong>g for 61.9% <strong>of</strong> its total variance (fig. 3). A second<br />

model could be constructed <strong>in</strong>clud<strong>in</strong>g a <strong>new</strong> variable: <strong>the</strong> percentage <strong>of</strong> those who once or several times a<br />

month use to work <strong>in</strong> <strong>the</strong> even<strong>in</strong>g, for at least 2 hours between 6.00 pm <strong>and</strong> 10.00 pm. The <strong>new</strong> model could<br />

predict HDI 2005 <strong>in</strong> a proportion <strong>of</strong> almost 80%.<br />

Accord<strong>in</strong>g to <strong>the</strong> sign <strong>of</strong> correspond<strong>in</strong>g regression coefficients, work<strong>in</strong>g at night or <strong>in</strong> <strong>the</strong> weekend, as<br />

well as <strong>the</strong> perceived <strong>in</strong>security <strong>of</strong> job would negatively affect <strong>the</strong> value <strong>of</strong> <strong>the</strong> EIU quality <strong>of</strong> life <strong>in</strong>dex.

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