Sunday, March 12, 2006

Would You Want to Make More Money or More Money Relative to Co-workers?

FMF from Free Money Finance has an interesting post from a couple of weeks ago asking Which do You Prefer: Making More Money or Making Less but Being Paid More than Others? It is based on an article from Forbes about money and happiness. I was waiting to link to FMF's post for a while because I wanted to see how some of the comments fleshed out.

The basic premise of the post is the following question:
Would you be happier working for Firm A, which will pay you $94,000 per year and pay others who do the same work $100,000, or for Firm B, which will pay you $89,000 and pay others $83,000?
I would personally rather make more money...who cares if others make more. I really only care how much I am taking home and what I do with that money. Most of the commentors at Free Money Finance agree that they would do the same. I can see it from the other side as well, but it really isn't worth worrying about. As one commentor put it, "There is plenty of unfairness built into corporate culture, being jealous of a 5% salary difference would be my furthest complaint."


Anonymous Anonymous said...

I know I should agree with RS, but I'd really want BOTH.

3/13/2006 9:13 AM  
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