Practical analysis for investment professionals
06 March 2014

Poll: What Would Increase Your Job Satisfaction the Most?

Do you have days when you feel a bit dissatisfied with your job? Days when you can’t help wondering whether all the toil and stress is really worth it? But do you know what would increase your job satisfaction the most? Is it simply more money or something else? To find the answers to these questions, we asked readers of the CFA Institute Financial NewsBrief.

What would increase your job satisfaction the most?

Poll: What would increase your job satisfaction the most?

Perhaps unsurprisingly, 37% of our 888 respondents said that greater compensation would increase their job satisfaction the most. The obvious problem is that even the most highly paid want more money, which does not seem to make them any more satisfied. Employers should be pleased to know that more than 60% of respondents did not think that more money would increase their job satisfaction the most.

Nearly a fifth of respondents would like a better work-life balance, and it is easy to understand why. In the daily seesaw of work and life, work seems to easily outweigh life. The two other choices that made it to double digits were “more recognition for your contributions” and “more authority and responsibility.” Together, these three answers received 45% of the votes, outpolling “more money.” Organizations can work on such intangibles to improve job satisfaction without writing bigger paychecks. And for those who aspire to go further and actually be happy at work, here is some advice on how to find that elusive happiness at work.

Do you want to participate in future polls? Sign up for the CFA Institute Financial NewsBrief.

Please note that the content of this site should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute.

About the Author(s)
Usman Hayat, CFA

Usman Hayat writes about sustainable, responsible, and impact investing and Islamic finance. He is the lead author of "Environmental, Social, and Governance Issues in Investing: A Guide for Investment Professionals," and the literature review, "Islamic Finance: Ethics, Concepts, Practice." He is interested in online learning and has directed three e-courses for CFA Institute: "ESG-100," "Islamic Finance Quiz," and "Residual Income Equity Valuation." The other topics he writes about are macroeconomics and behavioral finance. Previously, he was a content director at CFA Institute. He is a former executive director at the Securities and Exchange Commission of Pakistan (SECP). He has experience working in securities regulation and as an independent consultant. His qualifications include the CFA charter, the FRM designation, an MBA, and an MA in Development Economics. His personal interests are reading and hiking.

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