In this paper, we use data of the German socio-economic panel (SOEP) for the years 2005, 2007, and 2009 in order to analyze the impact of subjective fairness perceptions of own labor income on job satisfaction and quit intentions of male and female employees. In pooled cross-section and in panel estimates with person specific fixed effects, we find that unfair wage perceptions are of statistical and economic significance. Gender specific differences are small. Workers with unfair wage perception report on average lower job satisfaction by about 4 to 6 percent and higher quit intentions by about 15 to 23 percent.