Question

Which of the following is true about the correlation between salary and job satisfaction? a. Financial perks and benefits always create job satisfaction irrespective of standards of living. b. Pay does not play a critical role in job satisfaction when an individual reaches a level of comfortable living. c. Salary and perks do not have a role in overall happiness of employees from poor countries. d. High salary level always creates organizational commitment. e. Pay is not related to job satisfaction for employees in underdeveloped countries.

Answer 1

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Answer 2

Answer: a)

Financial perks and benefits always create job satisfaction irrespective of standards of living.

Explanation:

Financial perks and benefits always creates job satisfaction irrespective of the standard of living even though this might not be 100% true in developing and developed countries. In the developing countries, in as much as pay is important, peace of mind and happiness at place of work cannot be overemphasized. This might totally not be true for underdeveloped countries because what is important to them is the pay to keep their heads up and to be able to take care of their family even with the toxic work situation.