Determinants of Happiness at Workplace; A Case Study Of Pakistan
Keywords:
Happiness, World Value Survey, Ordered Probit Model, ProductivityAbstract
Happiness at work place is relatively new impending in field of economics, which refer to as satisfaction of workers at their work atmosphere. The aim of the study is to check the link between happiness and work and how it makes better the production at work. The current study is undertaken in Pakistan by using the data from world value survey’s wave 7th (2015-2022). Total sample consist of 1995 respondents. The happiness is predicted through the common inquiry of impression of happiness. Health status, age, saving status, education, income, age, gender, and marital status, satisfaction with financial situation, importance of religion, region and province are other factors that are examined as well. Ordered probit model is used for estimation.
The percentage of very happy people have been increased with the passage of time in Pakistan as in 3rd wave (1994-1998), there are 28% people were very happy which increased to 48% in 7th wave (2015-2022). The study found an important connection between happiness and productivity. Status of saving, importance of religion, health status, region and province of Punjab and Baluchistan are the factors of happiness that affect productivity.


