Posts Tagged ‘Time is Money’
Always feel like you are short on time? Maybe you should take a pay cut!
Wednesday, February 23rd, 2011
I was reading this post on the Wall Street Journal blog yesterday and it really made me think about how some people I know always seem to be stressed out. After reading this blog and thinking about it a little bit, I really agreed that more often than not it seems like people that make more money in their day jobs seem more stressed out and are always saying they wish they had more time for their personal lives. While there are likely multiple factors at play in these situations that are making these people feel like this, it seems like there are now a few different studies that are starting to link higher rates of pay to a perceived lack of time in their work and personal lives.
According to this post, there are now multiple studies that have compared a group of people that are paid very little for a day’s work and then another group of people that are paid a much higher hourly rate for the exact same work. The results of these studies showed that the people that were paid a higher hourly wage felt much more time pressure than the group that was paid less.
I thought that these studies were interesting because they really seemed to show a tangible link between a person’s perception of their value relative to the amount they are paid to complete a task. Sometimes people put this time pressure on themselves only because of their pay and not because the pressure to complete the task really exists.
Looking back on it now, have you ever felt like you put too much pressure on yourself to complete a task for your business when this pressure may have never really existed?
