Slashdot Mirror


If You Get Rich, You Won't Quit Working For Long (bbc.com)

An anonymous reader writes: You'd think striking it suddenly rich would be the ultimate ticket to freedom. Without money worries, the world would be your oyster. Perhaps you'd champion a worthy cause, or indulge a sporting passion, but work? Surely not. However, remaining gainfully employed after sudden wealth is more common than you'd think. After all, there are numerous high-profile billionaires who haven't called it quits despite possessing the luxury to retire, including some of the world's top chief executives, such as Amazon's Jeff Bezos and Facebook's Mark Zuckerberg. But it turns out, the suddenly rich who aren't running companies are also loathe to quit, even though they have plenty of money. That could be, in part, because the link between salary and job satisfaction is very weak. According to a meta-analysis by University of Florida business school professor Timothy Judge and other researchers, there's less than a 2% overlap between the two factors. In the long run, we derive job satisfaction from non-monetary sources, which include positive peer relationships, the ability to work on meaningful projects and even leadership opportunities.

4 of 406 comments (clear)

  1. Exception by slipped_bit · · Score: 5, Funny

    I'll be the exception.

  2. The Interest of Science by colinrichardday · · Score: 4, Funny

    I don't know if sudden wealth has that effect, but in the interest of science, I'm willing to find out.

    1. Re:The Interest of Science by Oswald+McWeany · · Score: 4, Funny

      We're glad you feel that way and are willing to donate your entire wealth, along with other donors, to someone in order to test if they continue working.

      Thank you,

      - Science

      --
      "That's the way to do it" - Punch
  3. Lottery by Rik+Sweeney · · Score: 5, Funny

    If I ever won the lottery, I'd still go to work every day, and make sure my work colleagues knew that I'd won the lottery and didn't actually need to ever work again.

    Why? Because it'd really piss them off.