Money Can't Buy Career Happiness
When it comes to career satisfaction, it's not all about the Benjamins, according to new data released by CareerBliss.com. Their research shows the key driver of work happiness may not come in the form of a paycheck, rather in an employee's sense of accomplishment, their relationship with peers, and the daily tasks associated with their work.
The study evaluated more than 1,600,000 data points from independent employee reviews to determine what drives career happiness and makes some people love their job while others hate it. The data reveals that even more important than annual income are essential factors such as working at a company where there is room to collaborate with a well-rounded group of peers and being able to have control over their work.
According to the research, the top three factors that contribute to work happiness:
1. The work one does: The specific tasks one does on a day to day basis
2. The way one works: How much control ones has over their daily tasks
3. The people one works with: Their relationship with co-workers
These factors were present in a majority of reviews. In comparison, salary did not rank on the level of importance in the majority of the job type categories reviewed, nor was salary ranked as an important value when measuring overall job satisfaction levels.
They also found that certain professions tended to yield happier employees. For example, people in biotech and customer service related jobs averaged higher happiness scores than those in the legal or health care field. Here's a rundown of which professions rank highest on the job satisfaction meter:
- Customer Service
- Admin – Clerical
- Purchasing - Procurement
- Nonprofit - Social Services
- Health Care
Heidi Golledge, CEO and co-founder of CareerBliss says, "Salary is always an important component of every job; however, the CareerBliss research shows that money is not enough to keep good employees happy. Before accepting a new job, it is imperative to know a company's culture and truly understand what the new job entails. From the employer's perspective, realizing salary is not one of the key drivers of workplace happiness can help employers focus on the areas which will drive job satisfaction to create a happier environment for all."
CareerBliss.com posts millions of salary data points and anonymous reviews, allowin job seekers to see what it is like to work at a company before they accept a new position and employers to gauge how they are doing in their pursuit of employee happiness.
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