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Financial compensation refers to the salary or wage earned for work performed.
In this study, financial compensation was operationalized as above or below average compensation.
Education level refers to formal training a person receives such as a college degree.
In this study, participants were placed in two education levels: college degree or no college degree.
Stress refers to the normal reactions to everyday pressures.
we measured stress using a perceived stress scale that measured participant’s perception of stress from a scale of 1 ( not at all stressed) to 7 ( comppletely stressed).
| Below Comp | Above Comp | ||
|---|---|---|---|
| NoCollege | High stress | Low stress | |
| Job type | College | High Stress | High stress |
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The results of this study indicates a growing belief that people with college degrees and below average compensation are fancing significant stress . Organizations should consider the financial burden that those with institutional debt and other stressors may be facing when deciding on the wages. Workers should be compensated a livable wage based on the educational requirements of the job.