Which of the following is true about the correlation between salary and job satisfaction *?

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  • School University of North Texas
  • Course Title MGMT 3720
  • Type

    Test Prep

  • Pages 45
  • Ratings 95% (57) 54 out of 57 people found this document helpful

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50) Which of the following is true about the correlation between salary and job satisfaction?A) Pay is not related to job satisfaction for employees in underdeveloped countries.B) Salary and perks do not have a role in overall happiness of employees from poor countries.C) Pay does not play a critical role in job satisfaction when an individual reaches a level of comfortableliving.D) Financial perks and benefits always create job satisfaction irrespective of standards of living.E) High salary level always creates organizational commitment.Answer:Explanation:C) For people who are poor or who live in poor countries, pay does correlate with jobsatisfaction and overall happiness. But once an individual reaches a level of comfortable living (in theUnited States, that occurs at about $40,000 a year, depending on the region and family size), therelationship between pay and job satisfaction virtually disappears. People who earn $80,000 are, onaverage, no happier with their jobs than those who earn closer to $40,000.CPage Ref: 81

LO:5Difficulty:ModerateQuest. Category:ConceptLearning Outcome:Define organizational behavior and identify the variables associated with its study

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51) In Indonesia, comfortable living occurs at about $30,000. Based on the measurement of comfortableliving, which of the following is most likely to be true?C

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Page Ref: 81LO:5AACSB:Analytic SkillsDifficulty:HardQuest. Category:ApplicationLearning Outcome:Define organizational behavior and identify the variables associated with its study

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Organizational studies and human resource management, AACSB, Page Ref, Quest Category

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Which of the following is true about the correlation between salary and job satisfaction *?

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What would be the type of correlation between amount of salary and level of job satisfaction?

The results indicate that the association between salary and job satisfaction is very weak. The reported correlation (r = . 14) indicates that there is less than 2% overlap between pay and job satisfaction levels. Furthermore, the correlation between pay and pay satisfaction was only marginally higher .

How strong is the correlation between job performance and job satisfaction quizlet?

There is a moderate positive correlation between job satisfaction and job performance. There is a strong positive correlation between job satisfaction and organizational commitment.

Is salaries and benefits contribute to job satisfaction?

Salary has a significant effect on the job satisfaction. Researchers notice that in Europe intrinsic factors such as job rank level, career are the predictors of higher job satisfaction among employees. On the other hand, in USA high-job satisfaction is influenced by the issues related to teaching.

Which is more important job satisfaction or salary?

Between a high salary and job satisfaction, job satisfaction is definitely more important. You can get a good pay but if you are not happy there's no point to it.