Tuesday, April 04, 2006
Bad Manager. Boring Work. Poor Pay. What's a Bad Job Worth?
So how much income would it take to keep you at a job you don't enjoy? I'll attempt to breakdown specifics into a dollar amount. Before going through the list, a salary has to be set that you would expect to get paid in a job that you were happy, and enjoyed...then tack on the negatives. Assuming, a person expected $50,000.00 USD annually at a job that s/he enjoyed. Bad Manager - Micromanager: $2000/year - Non-existent manager: $1000/year - Biased/unfair manager: $5000/year Incompatible co-workers: $1000/year/co-worker - Add $500 per co-worker that you must interact with more than 2 hours per day. Boring work (Some might actually be willing to be paid less for this :) - With Internet access: $500/year - No Internet access: $5000/year Non-Paid Overtime: $37.50/hr * number of hours worked OT in a year (assuming time and a half for OT) Stress - Variable. Can be based on many things, for example, the number of new white hairs per year, , pounds of weight gained per year, or square inch of lost hair per year. Plus you have to factor in health risks. I would value stress from $10000 to 25000/year. Overall job dissatisfaction: $10000 - You could say this is that uneasy feeling you get everyday when you go home. Or if people ask you how's work? So this employee who's very stressed out with a micromanager, 5 incompatible coworkers, very boring work with Internet access, and averaging 10 hours of OT a week should in fact be getting paid $109,500.00 in order to stay at that job. In all seriousness, quality of life is important...Are you happy doing what you do? It's something I think about a lot...Just how much is it worth?