Starting Work

Happiness at Work

September 15, 2010

 

With any luck, over the next few weeks, we’ll know whether or not the economy has dodged the dreaded double-dip recession. My expectation is that soon thereafter businesses will restart hiring some of the millions who are currently unemployed. If you happen to be a worker preparing to start your very first job or if you are among the unemployed searching for that replacement job, keep in mind that earning a higher salary won’t necessarily make you happier.    
 
A recent study printed in the Proceedings of the National Academy of Sciences found a “magic number” when it comes to income and happiness. That number is right around $75,000 for a household. According to the study, earning more than that does nothing for happiness, enjoyment, sadness or stress.
 
For those who earn less, a series of other work benefits may counteract the lower salary. Jobs that offer employees maximum levels of control produce more satisfaction. To the extent employees find work that is aligned with their natural talents, they report higher levels of satisfaction.
 
It’s a reminder that we all have bills that need to be paid. Beyond covering those costs, however, a salary can’t buy happiness.

 




 



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