Photo: Steven Depolo
Would you rather have a high-paying job with longer hours and less sleep, or a moderately paying job with reasonable hours and a guaranteed seven-and-a-half hours of shut-eye every night?They say money can’t buy happiness, but Cornell researchers who conducted a new study found most people would choose the heftier salary at the expense of quality of life, reports the Washington Post.
True, many Americans today are fighting through an economic downturn, and in the meantime longer hours have become characteristic of many jobs. But surveys have shown that employees value acknowledgment and responsibility, and are prepared to leave jobs that don’t provide these things — even jobs that do provide a comfortable salary, and even in a recession.
While studies for years have trended toward showing money matters less and less, this one shows it still counts for a lot. Of the 2,600 respondents, a meager 7 per cent thought their responses could be in error. Just 23 per cent said they worried they might be sorry about their choice between money and quality of life.
The study, which is to be published in American Economic Review, also showed that more people are willing to sacrifice happiness to have a job they perceive is more important, gives them higher social status, or could boost happiness within their families.
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