Working Your Way to Happiness
The Happiness Lab with Dr. Laurie Santos
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Money and Job Satisfaction
The belief that big salaries are the key to happiness at work has risen significantly since the nineteen sixties. However, the idea that increasing pay can improve job satisfaction is flawed. Research by Barry Schwartz, a psychology professor, suggests that while money can bring some happiness, it has limited impact on overall well-being. For individuals earning a living wage, additional income beyond a certain threshold, like a hundred thousand dollars per year, does not enhance emotional well-being or reduce stress levels significantly.
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