Hourly employees happier than salaried workers?
eurekalert.org
eurekalert.org
It's a little less interesting when you're not working overtime and you have to make sure you get your 40 hours in. In my previous jobs (which were all salaried) things just seemed a little more relaxed - if you needed to take off early or were a little late getting in it was never a big deal (as long as you didn't make a habit of it). Now it feels more like I keep an eye on every minute.
It definitely makes me more aware of the whole time = money thing but I'm not so sure that means I'm happier... more neurotic about time perhaps.
I should note, too, that I am never "on call" (well, that's not true--I was on call once).
I think David Allen sort of explores this idea in GTD with the idea that people can be a lot happier with building widgets - a very direct relationship in terms of tasks, accomplishments, and satisfaction. More broadly this study (though I'd caution in reading excessively into it anyway as they open in the published paper by saying the effect isn't large) provides evidence for pay for performance.
In fact, when you consider that the vast majority of hourly workers are probably grossly underpaid, it could even mean that hourly employees are less happy than salaried employees.
Salary on the other hand is just cash being transferred to my bank account. I never physically see it, no one hands it to me. It's just a number in my bank account that I don't check often.
I bet I'd be happier if my boss handed me a cheque every two weeks instead of doing bank transfer. It's an emotional "I have to see it to feel it" thing.