[en] Prior research has provided evidence that employee well-being exerts a positive influence on the corporate performance of companies. However, these studies have primarily relied on an overall measure of employee satisfaction, neglecting the heterogeneity of labor inputs. This paper aims to address this limitation by examining the relationship between employee welfare and corporate performance, while taking into account worker heterogeneity. Moreover, our findings suggest that the positive impact of employee well-being on corporate performance is contingent upon the tightness of the labor market
