Friday, April 16, 2010

Salary

At a recent coffee time, with my colleagues, the conversation turned to the salary within our department.

Any time the word salary is part of a dialogue, it's a taboo. After all, asking our friends about their salary is virtually the same as (and probably more impolite than) asking their age. That being said, we all want to know others' age and salary, as what Tom Sawyer's great law of human action had predicted, "In order to make a man covet a thing, it is only necessary to make the thing difficult to attain."

But guess what the link between the amount of our salary and happiness is like. Uh-oh, rather weak. Studies had shown that countries with the "happiest" people are not among those with the highest personal income. One of the true human obsessions is with our friends' salary, but not our own personal income. H. L. Mencken put it so well when he noted a man's satisfaction with his salary depends on whether he makes more than his wife's sister's husband. Why the wife's sister's husband? Because (I was told by Dan Ariely) this is a comparison that is salient and readily available.

1 comment:

f2b said...

In the States, people generally respect your privacy when it come to salary, or age for that matter. I don't know what to say when someone ask me the salary question point blank when I was at HK. I just smiled lightly and when pressed, politely said that I am getting by nicely:)

People want and make more money because it is driven by desire. The more desires you have, the less can be satisfied. That explains the negative correlation between income and happiness. Happiness, to me, it means things happen the way you wanted, most of the time. May be 8 out of 10. What is your number? That can tell how happy you are.