Do We Work for Money Or Love of The Job?

The ongoing debate and research on what motivates employees, whether it’s financial compensation or intrinsic factors, is of significant importance. New research that challenges the traditional belief in the correlation between rising GDP and life satisfaction/happiness adds a layer of complexity to the discussion, offering valuable insights.

A Monster.com survey revealed that the top item on potential employees’ wish lists was an employer who genuinely cares about their well-being. This finding aligns with other research and provides reassurance that the research reflects real-world employee desires.

This search is consistent with another research study conducted the employee benefits company Unum, in collaboration with Harvard Business Review analytic services. The study found an ethical, transparent corporate culture, and caring about the well-being of employees were more likely to be viewed in attracting and treating employees as was providing a high base salary.

According to the research of psychologists Tim Kasser and Richard Ryan, published in the Journal of Personality and Social Psychology, “the more people are driven by a desire to be wealthy, the poorer their psychological health on a range of measures.”

G. Douglas Jenkins and colleagues published a study which examined 39 other studies…