Work Motivation and Perceived Risks. Christina Björklund, Economic Psychology Unit, Stockholm School of Economics Box 650 1, S- 113 83 STOCHOLM, e-mail: PCB@ HHS.SE
The purpose of this paper is to examine work motivation (willingness to work) and the related variable perceived risks. The paper includes two studies and the two studied groups were people employed in child care and employees of a Swedish insurance company. The questionnaires were quite similar in both studies. The perceived risk variables were divided into two groups: accepted risks that were positively correlated with work motivation, and risk burden that had a negative correlation to work motivation. The risk variables accounted for 36.9 percent of the explained variance in work motivation for employees of an insurance company and the variance in work motivation was explained to 23.3 percent by the risk variables for the group employed people in child care. Hence, risk is an important factor in work motivation.
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