'Industrial relations' employee satisfaction dependent on more than relative pay

A new study in the journal Industrial Relations reveals that employee well-being is dependent upon the rank of an individual's wage within a comparison group, as opposed to the individual's absolute pay.

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<p><a href="http://www.physorg.com/news139068485.html">'Industrial relations' employee satisfaction dependent on more than relative pay</a></p> <p>A new study in the journal <I>Industrial Relations</I> reveals that employee well-being is dependent upon the rank of an individual's wage within a comparison group, as opposed to the individual's absolute pay.</p>