Which of the following is true about the correlation between salary and job satisfaction?
A)Pay is not related to job satisfaction for employees in underdeveloped countries.
B)Salary and perks do not have a role in overall happiness of employees from poor countries.
C)Pay does not play a critical role in job satisfaction when an individual reaches a level of comfortable living.
D)Financial perks and benefits always create job satisfaction irrespective of standards of living.

Question

Quizplus · Accepted Answer

Research has shown that beyond a certain point, salary does not significantly increase job satisfaction. This point varies depending on the standard of living in a given country, but once an individual has enough income to meet their basic needs and have some discretionary spending, additional salary may not lead to increased job satisfaction. However, this does not mean that financial perks and benefits always create job satisfaction, as there are other factors that contribute to overall employee happiness. Options A and B make incorrect generalizations about employees in underdeveloped countries and their relationship between pay and job satisfaction. Option D is also incorrect as financial perks and benefits do not always contribute to job satisfaction.

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