How much do you need to earn to be happy

How much do you need to earn to be happy How Much Do You Need To Earn To Be Happy?Posted June 17, 2016, by Vivien Luu Go on, admit it even though you know that money isnt everything and money doesnt buy happiness yure (not so secretly) hoping for a pay rise this year. Because lets be honest, a fat bonus cheque or a bit of a bump in your salary would make you a whole lot happier at work. Or would it? A Princeton University study has put the relationship between salary and happiness under the microscope, and it turns out that money can buy you happiness. But only up to a certain point and that point is $93,000. Led by two Nobel prize-winning professionals economist Angus Deaton and psychologist Daniel Kahneman the study found that a household income of $USD75,000 (roughly $AUD 93,000 in todays economy*) seems to be the magic number. As you earn more money, your happiness continues to rise, until your annual income hits $93,000. At which point a happiness plateau kicks in. The study explains that we experience two distinct types of happiness Theres your everyday contentment, which is described by the study as being the frequency and intensity of experiences of joy, stress, sadness, anger and affection that makes ones life pleasant or unpleasant. Then theres your life assessment and how satisfied you feel about the general direction of your life. By analysing the polling data from almost half a million Americans, Deaton and Kahneman discovered that everyday contentment increases up to $93,000, but then levels off after that. Perhaps $USD75,000 $AUD93,000 today is a threshold beyond which further increases in income no longer improves individuals ability to do what matters most to their emotional wellbeing, such as spending time with people they like, avoiding pain and disease, and enjoying leisure, the report explains. It appears that $93k is the point at which you no longer need to worry about money. With this salary, people dont have to worry abo ut everyday expenses, and have enough expendable cash to do the things they love. Before employers rush in to cap salaries (because science says it wont make one iota of difference to their employees happiness) the researchers also found that earning above that threshold does improve how satisfied one feels about their life. The more people earn, the higher they climb up the life-satisfaction ladder and this appears to be a universal effect irrespective of how much you earn. A 10 per cent rise in annual income moves people up in satisfaction, the authors write, and the same percentage increase in income has the same effect on evaluation for everyone, rich or poor alike, even though the absolute dollar amounts differ. The study gives us a fascinating insight into how our salaries directly impact our emotional wellbeing. It serves as a powerful reminder that while money isnt everything, we still use our pay packets as a yardstick for how successful we feel. So, to put the age- old debate to bed Can money buy you happiness? According to Deaton and Kahneman, the answer is no. High income buys life satisfaction but not happiness, the report concludes. Earning under that magical $93k? Hereshow to ask your boss for a pay rise. But remember, money isnt everything If its happiness youre after, here are six ways to give your serotonin levels a boost *This amount was calculated by multiplying the figure by US CPI in 2010 divisible by CPI in 2016, and then converting the USD into AUD at the exchange rate on June 2016. ResourcesMy first resumeCover letter for my first jobCareer Insider StoriesShelley Lask - Body Positive Health & FitnessInterested in becoming a?Human Resources OfficerGeneral ManagerBusiness ManagerAccountantOffice AdministratorPopular Career Searcheshow to ace your next interviewhow to solve bullying at workplaceretail cv skillstop answers to job interview questionscareers in media and communications CoursesBachelor of Social WorkEnquire ansprechb ar Enquire OnlineCertificate III in Health AdministrationEnquire Online Enquire OnlineBachelor of Criminal JusticeEnquire Online Enquire OnlineCertificate III in Allied Health AssistanceEnquire Online Enquire Online Vivien LuuViv is a writer who enjoys researching and writing about creativity, how the human mind works, and neuro processes. She values creativity above all else and admires people who pursue their career dreams, no matter the sacrifice. In her spare time, she binges on HBO shows and epic fantasy novels.Related ArticlesBrowse moreHigh schoolUniversityA Dozen Things I Wish Id Known Before I Started UniO-Week is approaching and that excitement you had is quickly being replaced by anxiety. How will you meet people? Did you choose the right course? Marni shares her experience so you dont have to stress.WORKFORCE TRENDSGrass looks greener to one third of Australian workersOne third of Australian workers are planning to change jobs, according to a recent Hay Group survey.Mich ael Jackson - A career to rememberIts not often that a single person can transform an entire industry and mann gottes history.

Reference List Tips

Reference List TipsReference List TipsWorkVine The Quirks of Work addresses the lighter side of the workplace, with fun topics to help you get through the workday.While writing a standout resume and cover letter is obviously very important when youre searching for a job, theres another document that also matters your reference list. Employment offers are not written in stone, and poorly chosen references can sink your chances of getting the job you worked so hard to land.While it should go without saying, including yourself on your own reference list is a major mistake. Employers have little time or patience for playfulness when theyre in the final stages of the hiring process. Here are a few mora reference list tipsChoose wiselyAs you review your list of potential references, ask yourself some questions about each individual. Is the person familiar with your recent work and current skills? Articulate? Enthusiastic?Request permissionNever assume a former manager or colleague can (or will) put in a good word for you. Regardless of how well you got along, always ask if its OK before including anyones name on your reference list.Offer support materials to your referencesProvide your references with an updated copy of your resume and a detailed description of the company and job youre pursuing.Tailor your reference listJust as you might target your resume and cover letter to the specific position youre applying for, its wise to customize your reference list too. Pick people who can speakknowledgeably(and persuasively) about your skills, traits and abilities most relevant to each job you pursue.Make the employers task easyGive the prospective employer the full name, job title, phone number and email address of each reference. You also might provide a brief explanation of how you know each person, why you included him or her on your reference list, and the best times to contact the individual.Visit Robert Halfs Career Center for more expert tips on all aspects of the job search.Additional tips for a strong reference listA How-To Guide for Identifying and Preparing Job ReferencesFor Your Reference 5 Tips on How to Get Glowing Job ReferencesWho Loves You? 3 Strategies to Get the Best References7 Rules for Managing Your Professional References