Proposal of a composite indicator of job quality based on a measure of weighted distances

In this paper, we propose a formulation of a composite indicator (CI) computed for individuals and based on elementary indicators that are measured using quantitative, ordinal and dichotomous scales. It is based on a measure of the distance from an ideal minimum. Moreover, we consider the correlation between indicators. This CI is applied to measure the job quality of young graduates. The results show that the CI has a balanced structure, both at the overall level and the level of dimensions. It is stable, but with the capacity to discriminate well between individuals and groups. The CI that we formulated is reliable and accurate.