How is stress perceived? The impact of financial compensation and education requirements on stress.

Lory Larochelle

Living Paycheck to Paycheck

Most people are familiar with this kind of lifestyle 78% of american live paycheck to paycheck

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Financial Compensation

*Financial compensation is often structured based on factors such as job responsibilities, skills, experience, market demand, and organizational policies, aiming to ensure fairness, equity, and competitiveness in the labor market.

  • It also plays a crucial role in fulfilling individuals’ basic needs, supporting their livelihoods, and influencing their overall satisfaction, engagement, and commitment to their work and organization.

  • To manipulate this variable we wrote a short story where an individual would have below average compensation and another would have above average compensation

Education Level

  • Education levels refer to the attainment of formal qualifications, degrees, or certifications acquired through academic institutions.

*Individuals with advanced degrees or specialized training tend to command higher financial compensation compared to those with lower levels of education.

  • To manipulate this variable we wrote a short story where an individual would have a college degree and another where they would have no college degree

Stress

*The construct of stress encompasses both subjective experiences, such as perceptions of pressure and strain, and objective indicators, such as physiological changes, and can show in various domains of life, like work, health, relationship.

  • To measure stress we create 4 short stories with the different levels of independent variables and we created a survey asking participants to rate their perceived stress of the character based on the different IV levels.

Hypothesis

Below Comp Above Comp
Moderator IV No college High stress Low stress
College High stress High Stress

Bar graph

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Discussiom

*Strengths- internal validity (random assignment)

*Limitation-number of questions to measure stress

*implication- we can draw that socioeconomic status plays a significant role in an individual’s well-being.

How can we reduce stress in relation to financial compensation and education levels

*Research are consistent with how individuals with low income and education levels tend to be more stress compared to individuals with higher socioeconomic status due to financial instability and overall lack of resources.

*Understanding these issues helps address socioeconomic inequalities

*It brings awareness for the need of policies and intervention focused on reducing disparities in income and education

*Providing Support to marginalized communities and creating opportunities for economic and education advancement.

Conclusion

*With more research being done we can figure out a way for everyone to live above the poverty line because we have equipped them the the skills necessary to do so. As a result the overall well being of society would increase.

My Figure