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University of Basel

07 February 2018

Wage increases do not have a persistent effect on job satisfaction

Wage increases have no persistent effect on job satisfaction. (Image: Pixabay | CC0)
Wage increases have no persistent effect on job satisfaction. (Image: Pixabay | CC0)

After a wage increase, people tend to be more satisfied with their jobs – and even more so when what they have gained exceeds the wage increases of their colleagues. Yet, this effect on job satisfaction is not persistent. Two economists from University of Basel reported these findings in a study recently published in the Journal of Economic Behavior & Organization.

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