STUDY: A RAISE WILL ONLY MAKE YOU HAPPY FOR A FEW YEARS
(February, 2018) A new study conducted by two economists from the University of Basel in Switzerland finds that wage increases do not have a persistent effect on job satisfaction. While the study found that job satisfaction was positively influenced by wage increases, it found that the satisfaction is only temporary, typically lasting just four years. This is largely due to the fact that people adapt to their new wage level over time and end up desiring more money. So, in the short term a raise can make an employee happier at work, but the best long-term solution to motivate workers are regular, modest raises accompanied by promotions.
* And yelling. Good, strong yelling.
* You idiots. We don’t want raises to feel happier at work, we want raises so we can buy more stuff.
* No amount of money would stop me from hating my job. I mean … I’ll bet that’s how most OTHER people feel.
* I’d bet those economists have tenure.

