The economics of workaholism: An analysis of its demographic and socio-economic indicators in the Philippines

• Main Authors: Gaw, Joylynn Lorraine C., Ng, Joanna Kathleen B., Sy, Lindsay Ailie L.
• Format: text
• Language: English
• Published: Animo Repository 2006
• Subjects: Workaholism > Economic aspects; Workaholics
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/10095
• Institution: De La Salle University

As the global market has become increasingly competitive, workers find themselves devoting more and more time in their work. This is what researchers commonly refer to as the phenomenon of workaholism. Presently, a large literature examines the psychological aspect of workaholism, mainly focusing on its addictive properties and spillover effects. The group believes that the economics of workaholism is a noteworthy topic to pursue as it also exists and persists here in the Philippines. The researchers explore the economic perspective of the said phenomenon by defining it as working excessively - that is more than the average of 50 hours while still wanting to work more. Using the merged 2000 Family Income and Expenditure Survey and the Labor Force Survey, it was proven that although varying in degree, certain demographic and socio-economic indicators such as the worker's age, gender, marital status, number of dependents, educational attainment, income, taxes paid, occupation and geographical location do have a significant effect on the propensity of an individual to become a workaholic. Such invaluable findings can contribute to the existing body of literature and could be utilized in future labor market studies. The ultimate goal is to promote suitable and comfortable working conditions for workers and their environment.