If you had complete control over your number of hours worked per week, how many hours a week would you choose to work? If you're currently salaried, assume that you're paid an hourly wage equal to your current weekly income divided by 40 hours a week.
Now, what about if you were told you'd receive a 20% raise? Would you choose to work more, fewer, or the same number of hours that you chose before?
Now, what about if you were told you'd receive a 20% raise? Would you choose to work more, fewer, or the same number of hours that you chose before?
no subject
Date: 2009-11-22 06:08 am (UTC)no subject
Date: 2009-11-22 07:20 am (UTC)no subject
Date: 2009-11-22 07:29 am (UTC)no subject
Date: 2009-11-22 03:18 pm (UTC)no subject
Date: 2009-11-22 05:22 pm (UTC)no subject
Date: 2009-11-22 06:28 pm (UTC)no subject
Date: 2009-11-29 09:29 am (UTC)For me, the decision of whether to work the same hours or increase or decrease hours with a pay raise would mainly be decided by how much I enjoy the job, and what else I have going on on the backburners. For most jobs I'd be willing to take, I'd do just as many hours after a pay raise as before. If I didn't have any particular fondness for the job I might cut back on hours worked after a raise to free up more time for other domestic and professional pursuits to save and/or earn more money without taking a hit on that source of income. If I really liked the job a lot, I might take it as a cue to spend even more time on it, since it'd be financially and professionally rewarding to allocate more of my effort towards it.