Hourly Pay Makes Workers Happier Than Wages

A new study conducted by Standford University and the University of Toronto has found that workers who are paid hourly have a stronger relationship between money and happiness, proving that there is a link between work and earnings and how workers measure their value.

An hourly wage serves as a frequent and more effective reminder to workers of how much they earn. This in turn helps employees measure their value, which helps increase their levels of happiness. In short, getting paid by the hour instead of wages helps workers feel validated.