Does adopting eco-innovations lead to more satisfied employees? Eco-innovations have the potential to enhance (and sometimes decrease) the job satisfaction of employees for several reasons, such as their positive effects on performances and wages, contribution to the well-being of others, or increased alignment between employees’ and company values. We examine empirically the relationship between eco-innovations and job satisfaction on a large number of observations using a moderated mediation model. We posit that the effect of adopting eco-innovations is mediated by job recognition, while the effect of the latter is moderated by job insecurity. Our structural equation modeling findings based on a sample of 5384 respondents show that (i) eco-innovations do not directly lead to increased job satisfaction, (ii) job recognition mediates positively the relationship between the adoption of eco-innovations and job satisfaction, and (iii) job insecurity moderates negatively the positive mediating effect between the adoption of eco-innovations and job satisfaction.