Skip to main content

Do we work only for the love of money or is there more to it? Insights from NYT and Atlantic article

 

Are we doing working only for the love of money or is there more to it? Insights from NYT and Atlantic article

 

The News  

https://www.theatlantic.com/family/archive/2021/04/money-income-buy-happiness/618601/?cid=other-eml-onp-mip-mck&hlkid=b9db026237f840ada409a5d5a3b82f3e&hctky=9431270&hdpid=fb3dde44-75f1-4a25-8f9a-2a8ca33c8705

 

What it says 

Buying happiness? Many people salivate over the salaries of millionaires and billionaires, but most would be happiest earning 1Lacs Dollar a year. That’s enough to provide a cushion against poverty and makes it much easier to cover the costs of education, healthcare, and memorable experiences with loved ones. Beyond the $100,000 level, happiness flattens significantly. But when wealthy people spend money on experiences and being charitable, they flood their brains with plenty of feel-good chemicals. 

 

Another news

 

https://www.nytimes.com/2021/04/20/world/europe/world-happiness-report-ranking.html?referringSource=articleShare&cid=other-eml-onp-mip-mck&hlkid=6ffdd0f89ec34e48ad19d4358df23e7d&hctky=9431270&hdpid=fb3dde44-75f1-4a25-8f9a-2a8ca33c8705

 

What it says 

Picture of happiness. Finland has been named the

image1625764683710.png,image1625764683829.png
happiest country in the world for the fourth year in a row, according to a poll that asked questions such as “Did you smile or laugh a lot yesterday?” and “Were you treated with respect all day yesterday?” Other possible contributors to Finns’ contentment: they enjoy a world-class public-school system, free college, universal healthcare, and affordable childcare.

 

“Employees are going to respond if employers are making their lives better, because they want to make their lives better. And that’s the moral thing to do.”

 

Insights

Why it matters: The happiest employees have a sense of belonging, a purpose, and social connections. Employers can foster this atmosphere by motivating and inspiring rather than intimidating their workers.

Labels:

Comments

Post a Comment

Popular posts from this blog

Biyani looks at the bigger picture

It is important to look at the holistic picture and have an individual opinion rather than get swayed away by the public consensus. This is the view of the man who pioneered the retailing boom in India - Mr. Kishore Biyani, the founder of India’s largest retailing company - Pantaloon. In an article in the Wall street Journal, Mr. Biyani wrote, "Almost daily doses of bad news on television screens and newspapers have possibly done as much damage to the economy as the events on either side of the Atlantic." I completely agree with him. Mr. Biyani’s predicament is based on the fact that an overwhelming majority of Indian consumers are self-employed, who can neither get laid off nor can have pay cuts. Consider some statistics he has provided. The share of the national income represented by proprietor-run concerns and partnerships is 35%. The share of companies is around 15%, government around 25%, and agriculture around 25%. Combine agriculture and the self-employed in industry a...
1 comment
Read more

Infosys kick started the March quarter and full year FY09 result season today on a mixed note

Infosys kick started the March quarter and full year FY09 result season today on a mixed note. Although its fourth quarter operating performance did not have much to be enthused about, the company managed to add 37 new clients and 1,772 employees (net) during this quarter. This goes to show the consistency in the company’s long term business prospects. While the full year profits grew by a healthy 29% YoY, the company announced an earnings guidance for FY10 that would be lower by 3% to 7% YoY as compared to FY09 EPS.
Post a Comment
Read more

Influencer Marketing - Creating Conversation, Don't just be part of it.

Influencer Marketing is growing rapidly   Influencer outreach has matured, grown in size, influence is still defining itself within the world, jockeying for position among more established routes to consumers.  Instead, we must acknowledge the role influence plays in reputation management, and how its unique success can best benefit the company.  The question is no longer if you should partner with influencers.  At the outset, many were skeptical of this approach to communication. Indeed, as social media matured, this new kind of stardom, or at least fame, was not wholly embraced.  Create Conversation Don't just be part of it   The conversation is no longer something that you can plan for on a calendar. Today, it happens serendipitously. So as audience-first trends bubble up across social media, brands need to embrace these cultural catalysts, rather than trying to forcefully wedge PR moments into the digital space.  Just let the hits happen.  ...
Post a Comment
Read more