As the economy slowly recovers, more employees are ranking compensation as the biggest contributor to their overall job satisfaction.
Although workplace culture is often pegged as the most important factor in employee happiness, the majority of employees say compensation and pay play the biggest role in their job satisfaction, according to a Society for Human Resource Management survey. When asked what was very important to them, 60% of employees said compensation/pay. Compensation was last ranked as the top contributor to job satisfaction in 2006, well before the economy tanked, pushing the job market into a downward spiral.
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