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

Ashley Jeanbart

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Financial compensation

  • 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

  • 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

  • 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).

Hypotheses

Below Comp Above Comp
NoCollege High stress Low stress
Job type College High Stress High stress

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Discussion

  • Limitation: This study utilized a convenience sampling technique due to lack to resources and time constraints . This led to low external validity.
  • Strength: The experimental design had high internal validity
  • Implication: The results of this study indicate that organizations should consider factors such as school debt when deciding employee wages in order to improve employee wellbeing and productivity.

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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.