Swiss scientists from the University of Zurich studied the nuances of the relationship between income and self-confidence. They found that a good personal income makes a person more ambitious, but high self-esteem alone does not guarantee a good salary. The study was published in the scientific journal magazine Psychological Science (PsySci).
To better understand the relationship between income and self-esteem, a team of psychologists examined the results of an online survey of more than 4,000 men and women in the Netherlands.
Self-esteem was measured using the Rosenberg Self-Esteem Scale, and earnings were measured as average monthly gross income adjusted for inflation.
Scientists then used sophisticated statistical techniques to separate the effects of self-esteem differences between people from the effects of differences between people.
For the first time, researchers have noted a significant positive relationship between income and self-esteem at the interpersonal level. According to the authors, higher income relative to others’ income is associated with higher self-esteem compared to others’ self-esteem; This is consistent with previous research.
However, the effect of income on self-esteem was stronger and more reliable than the effect of self-esteem on income; This suggests that income is more likely to shape self-esteem rather than the other way around.
The results showed weak support for self-concordance theory; This theory suggests that “people with high self-esteem may seek jobs that match their self-esteem and potentially qualify for higher wages, while low self-esteem increases the risk of missing out on a career.” opportunities for advancement and earnings.”
It was found that the relationship between income and self-esteem was independent of working status and did not differ significantly according to gender, age group and education group. In other words, this relationship was the same across different types of people.
Psychologists before explainedHow to deal with the feeling of schadenfreude caused by other people’s failures.
Source: Gazeta

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