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The federal DOL overtime regulations go into effect this year. Are you ready?

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This report includes a summary of key changes, including the salary level test and salary basis test.

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January 25, 2008
For HR Pros, Higher Pay Doesn't Translate to Happiness
Does better pay equal happier people? Not necessarily, according to the results of a poll.

When asked "At your company, are the highest-paid employees also the happiest?," 52 percent responded "Definitely not" while 48 percent responded "Definitely."

A recent Gallup Poll of Americans found a correlation between income and "personal satisfaction and happiness." Specifically, it found that those who made over $75,000 per year were likely to be happier and more satisfied than those who made between $30,000-$74,999 per year, who in turn were happier and more satisfied as a group than those who made less than $30,000 per year.

Of course, one key difference in our poll question is that we asked respondents about their perceptions of "the highest-paid employees"--which are not necessarily respondents themselves, but others within their company. It could be that for many employees, more money translates to more responsibility, which results in showing more outward and discernable signs of stress while on the job. The results could further reveal that HR professionals are keen observers of such stress at work. (It's also possible that your editor is reading a bit too much into the results.)

The poll included 242 respondents.

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!
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Top 100 FLSA Overtime Q&As
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