New research by a group of economists and psychology researchers at the University of Warwick reveals that our rank position within an organisation has a bigger effect on our happiness within that job than the happiness generated by our actual level of pay. In short being top dog makes us happier than simply getting top dollar.
The researchers, University of Warwick Economists Professor Andrew Oswald and Dr Jonathan.Gardner (Joanthan now with Watson Wyatt) and University of Warwick psychology researchers Professor Gordon . Brown and Jing Qian studied data from 16,266 individuals from 886 separate actual workplaces, and also carried out two further psychological experiments. They presented their findings recently to a conference at the Brookings Institution in Washington.
The results from the analysis of happiness, pay and rank data from the 16,266 individuals found that the level of actual pay, or the average level of pay in an organisation, had very little effect on how happy people were with the level of respect they had within that organisation. It also had little effect on how happy people were with their achievements within that organisation."
Andrew Oswald | University of Warwick
New measure for the wellbeing of populations could replace Human Development Index
07.11.2018 | International Institute for Applied Systems Analysis (IIASA)
Because not only arguments count
30.10.2018 | Max-Planck-Institut für Mathematik in den Naturwissenschaften (MPIMIS)
Biochips have been developed at TU Wien (Vienna), on which tissue can be produced and examined. This allows supplying the tissue with different substances in a very controlled way.
Cultivating human cells in the Petri dish is not a big challenge today. Producing artificial tissue, however, permeated by fine blood vessels, is a much more...
Faster and secure data communication: This is the goal of a new joint project involving physicists from the University of Würzburg. The German Federal Ministry of Education and Research funds the project with 14.8 million euro.
In our digital world data security and secure communication are becoming more and more important. Quantum communication is a promising approach to achieve...
On Saturday, 10 November 2018, the research icebreaker Polarstern will leave its homeport of Bremerhaven, bound for Cape Town, South Africa.
When choosing materials to make something, trade-offs need to be made between a host of properties, such as thickness, stiffness and weight. Depending on the application in question, finding just the right balance is the difference between success and failure
Now, a team of Penn Engineers has demonstrated a new material they call "nanocardboard," an ultrathin equivalent of corrugated paper cardboard. A square...
Physicists at ETH Zurich demonstrate how errors that occur during the manipulation of quantum system can be monitored and corrected on the fly
The field of quantum computation has seen tremendous progress in recent years. Bit by bit, quantum devices start to challenge conventional computers, at least...
09.11.2018 | Event News
06.11.2018 | Event News
23.10.2018 | Event News
14.11.2018 | Materials Sciences
14.11.2018 | Health and Medicine
14.11.2018 | Life Sciences