Being the boss and working for a boss: Upsides and downsides

Justin B Craig, Michael Schaper, Clay Dibrell

Research output: Contribution to conferencePaperResearchpeer-review


Comparatively, very little of the Household Income and Labour Dynamics (HILDA) data set has been used to analyse the activities of Australian small business owner-operators, even though there are currently some 1.8 million small firms in existence. Using multiple waves of the HILDA survey, in this paper we investigate two important research questions related to life in a small business in Australia. Question one seeks to uncover differences between small business respondents and employees of private sector firms, by examining issues related to (i) life satisfaction, (ii) job satisfaction, (iii) individual priorities, (iv) perceived prosperity, (v) risk preferences, and (vi) individual health (general health, vitality, social functioning, emotional well-being, mental health). The second question then examines whether the factors that contribute to life satisfaction are different for the self-employed and the employee groups. Our principal findings are that the level of satisfaction between the self-employed and the employee groups does differ significantly, and that the self-employed are more satisfied with their lives and their jobs than their employee counterparts.
Original languageEnglish
Number of pages14
Publication statusPublished - 2007
EventAustralian and New Zealand Academy of Management Conference: Our intellectual and social capital - Sydney , Australia
Duration: 4 Dec 20077 Dec 2007
Conference number: 21st


ConferenceAustralian and New Zealand Academy of Management Conference
Abbreviated titleANZAM
Internet address


Dive into the research topics of 'Being the boss and working for a boss: Upsides and downsides'. Together they form a unique fingerprint.

Cite this