How much of a pay cut would you take to be more job satisfied?
A 2016 study of nonprofit professionals in the UK from 2016 estimated that individuals would need around 22,000 GBP or about $30,000, to make them equally ‘happy’ were they to take a job outside the nonprofit industry. Aside from the crass economics of equating a degree of happiness with a dollar of income – it’s a provocative thought experiment.