Is Money Your Top Career Value

Career Directors Global Membership Organization of Professional Resume Writers & Career Coaches Is Money Your Top Career Value? Posted on 06.29.15 Just how essential is wage stage for job satisfaction? When vetting a potential new job, figuring out the wage is usually of paramount interest to a job seeker. Depending on the economic circumstances where they reside or plan to reside, the candidate often has figured out that there's a minimum wage degree that will suffice. Anything above that's gravy. Susan Adams, a Forbes columnist, concluded in ‘Money Doesn’t Buy Happiness At Work, New Study Says’ that for each person a certain level of cash is important for meeting bills, saving, and making a life livable. After that ‘equilibrium’ has been reached, then other job satisfaction factors garner consideration and importance. Her conclusions had been primarily based in part on the outcomes of a Glassdoor examine that discovered that ‘higher salaries mean higher satisfaction’ but that there is also a ‘diminishing return to happiness for each $1,000 in earnings’. My take on job satisfaction is based upon my actual experiences with profession-change shoppers over many years of profession coaching. Whenever I conduct profession assessments with clients and ask them to prioritize their career values, compensation (salary) is commonly at the prime of their record. Finding a job that meets their financial needs (and key needs) appears to be a critical figuring out consider accepting a job and staying in it. However, when I ask them to complete an project outlining the pluses and minuses in their current and past jobs, compensation is not all the time the make-or-break think about deciding to go away a job. In reality, it's cited less than 50% of the time as one of the minuses. As I dig deeper and unearth their high-ranked reasons for leaving, invariably factors together with firm culture and values, job flexibility, work-life balance, relationships with bosses and colleagues, leadership vision, profession advancement, recognition, skilled development, job security, variety, challen ging work, and manageable commutes edge out the compensation issue. So salary as a key component in job satisfaction seems to be not an ‘either-or’ but quite a ‘each-and’ problem. It is not a question of whether or not salary or different job satisfaction elements are extra necessary. Instead, a wage level that may reasonably assist the fundamental wants of a ‘good life’ is the minimum entry level for job satisfaction. After that, different tangible and intangible parts take center stage and can become compelling causes for leaving a job and/or changing careers. Was salary the main factor in your deciding to leave a job? Or did one thing else drive your departure? Filed Under: Career Change, Interviewing & Salary Negotiation Tagged: career change, career values, compensation, employment compensation, job satisfaction, rate of pay, salary Dubbed theCareer Assessment Goddessby colleagues, my specialty helps you find your Dream Job. National Certified Career Counselor licen sed in private branding, LinkedIn Profile branding, on-line identity management, and branded profession communications. Master Resume Writer, 25+ years' experience. Subscribe below and receive new posts once per week. Your e mail address will not be published.