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Workers Take Pay Cut for ‘‘Dream Job''

Similar to their European counterparts, most workers in the U.S. are willing to take a pay cut if it means landing the job of their dreams. In fact, 82% of U.S. workers and 76% of workers globally would pursue their dream job even if it meant taking a reduction in pay, according to a global poll conducted by Monster® that asks, "Would you take a pay cut for the job of your dreams?" Monster is a global online careers and recruitment resource and flagship brand of Monster Worldwide, Inc. "We see a general consensus among workers around the globe that people are open to pursuing more fulfilling careers, not just a fuller wallet," states Norma Gaffin, director of career content, Monster. "It's interesting to note that despite some notions of a skittish economy, U.S. workers are still willing to be compensated less for a job that they are really passionate about." Of the countries polled in North America and Europe, workers in Ireland topped the charts, with 84% claiming that they would be willing to sacrifice compensation for increased job satisfaction. Workers in the U.S., Switzerland and Italy follow closely behind with 82% claiming to value workplace satisfaction over maximum compensation. While most workers are willing to take a drop in pay for the job of their dreams, workers in Germany, France and Hungary are cautious. Indeed, 34% of workers in France and 27% of workers in Germany are not willing to sacrifice pay for ultimate job satisfaction. Workers in Hungary are least willing to take a pay cut, with 38% responding, "No."