Wage increases do not have a persistent effect on job satisfaction

(University of Basel) After a wage increase, people tend to be more satisfied with their jobs -- and even more so when what they have gained exceeds the wage increases of their colleagues. Yet, this effect on job satisfaction is not persistent. Two economists from University of Basel reported these findings in a study recently published in the Journal of Economic Behavior& Organization.
Source: EurekAlert! - Social and Behavioral Science - Category: International Medicine & Public Health Source Type: news