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Table 3 The mean-standardized effect on work engagement

From: The efficiency wage effect of employer provided occupational pensions

Dependent variable Engagement
  (1) (2) (3) (4) (5) (6)
Pension 0.057* -0.002 0.063** 0.009 0.051 -0.002
  (0.029) (0.032) (0.029) (0.033) (0.036) (0.039)
Risk of   0.155***   0.146***   0.144***
forfeiture   (0.041)   (0.041)   (0.049)
Establ. controls no no yes yes no no
Establ. fixed effects no no no no yes yes
Establishments 785
Employees 5,024
  1. Presented coefficients are partial effects from linear regressions. Clustered standard errors are presented in parentheses (cluster=establishment). Asterisks indicate significance levels: *** p <0.01, ** p <0.05, * p <0.1. Dependent variable is the mean-standardized work engagement, i.e. \(y^{*}_{i}=(y_{i}-\bar {y})/sd(y)\). Individual controls: occupation (30 categories), perceived job security (3 categories), indiv. conditions of work, logarithmic gross wage, bonus payments, a white collar indicator, temporary contracts, tenure (year-dummies), work experience, migration status, gender, age (4 categories), and education (4 categories). Establishment controls: establishment size (4 categories), industries (38 categories), profitability (4 categories) and legal form (6 categories), the establishment’s administrative laziness, as well as indicators for works councils, participation in collective bargaining and East Germany. Data source: LPP 2012 and IAB-Establishment Panel 2012, analysis sample.