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...is the reason for the people to choose higher- paying jobs?
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In such high paying jobs as there is an opportunity to buy a high lifestyle, there always remains a risk of falling jobless resulting in the diminishing of the standard of living. 10. Stressful: ... Sometimes people go for a wrong job just in the lust of a higher salary. We in this world run after money, sometimes forgetting our passion and will.
For some people, doing what they love and earning enough money for a normal life don't go hand in hand. For others, it's a matter of either not having a passion or growing out of a dream they once had. Consequently, these reasons make a high-paying career a valuable option. It is understood that without a steady income, it's unlikely that ...
The most obvious reason for people's desire for high-paying jobs is the monetary reward. Securing a high-paying career in a culture where jobs are scarce is a dream come true. With more money, living the life of your dreams becomes a possibility. In most circumstances, a high-paying job raises the social status of the earner.
Once again, money was preferred over meaningful work, but when forced to choose, only about 57 percent chose the higher-paying, low-meaning job over the reverse. A third study looked at general ...
Two other studies showed that respondents showed higher priority for more pay over meaningful work at their current jobs. Higher salaries were preferred over meaningful work because people believed that earning more money would translate into to a happier, more meaningful personal life, Professor Ward said.
Pay is just the price of labor, so like all prices, it's determined by demand and supply forces. Employer demand depends on how much value the job creates. Supply depends mainly on skill: how many other people can do the job. So a high-value high-skill job pays very well (doctor), while a low-value low-skill job (fast food worker) pays very little.
But sometimes you have to choose between the two, and the vast majority of people would pick higher pay." Across eight studies spanning more than 4,000 participants, Ward examined the tradeoffs between meaningful work and salary in prospective workers' evaluations of actual and hypothetical jobs.
When choosing between meaningful work or a better salary, it's not even close—most people overwhelmingly prefer higher-paying jobs with low meaningfulness over low-salary jobs with high ...
CHAMPAIGN, Ill. — When choosing between meaningful work or a better salary, it's not even close - most people overwhelmingly prefer higher-paying jobs with low meaningfulness over low-salary jobs with high meaningfulness, says new research from a University of Illinois Urbana-Champaign expert who studies what factors contribute to meaning in life and in work.
People sometimes must choose between prioritizing meaningful work or high compensation. Eight studies (N = 4,177; 7 preregistered) examined the relative importance of meaningful work and salary in evaluations of actual and hypothetical jobs.Although meaningful work and high salaries are both perceived as highly important job attributes when evaluated independently, when presented with ...