Impact of Work Value Perception on Workers’ Physical and Mental Health: Evidence from China

Abstract

Research on the effect of work value perception on workers' health, especially in emerging economies, is scarce. This study, therefore, explored how work value perception affects the physical and mental health of workers in China. We also examined the mediating role of life satisfaction in the relationship between work value perception and health. Taking a random sample of 16,890 individuals in China, we used ordered probit regression and instrumental variable ordered probit regression to test the links between work value perception and workers' health based on existence, relatedness, and growth (ERG) theory. The results showed that work value perception significantly affected both the physical and mental health of workers; the results remained robust after solving the endogeneity problem. The subsample regression results showed that work value perception significantly affected the physical and mental health of female, male, married, unmarried, religious, and nonreligious workers. Furthermore, life satisfaction mediated the effect of work value perception on workers' health. These results shed light on the relationship between work value perception and health and thus have implications for improving workers' physical and mental health. This study can provide a reference for both governmental and corporate policymakers in emerging economies.