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.
E) High salary level always creates organizational commitment.

Question

Quizplus · Accepted Answer

For people who are poor or who live in poor countries, pay does correlate with job satisfaction and overall happiness. But once an individual reaches a level of comfortable living (in the United States, that occurs at about $40,000 a year, depending on the region and family size), the relationship between pay and job satisfaction virtually disappears. People who earn $80,000 are, on average, no happier with their jobs than those who earn closer to $40,000.

Which of the Following Is True About the Correlation Between