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Can happiness be bought for $85,000? Studies show people who reach this annual income level are "generally happier" because their basic needs (food, shelter, financial safety) are being met. However, that's the peek; more money doesn't necessarily equal greater happiness. Once basic human needs are met, it allows time to reflect on higher needs like belonging and self-actualization. More money doesn't cure sadness, loneliness, stagnation, and discontentment. But still, some employers think they can just throw wads of cash and jam-packed benefits packages at their employees like a piñata, hoping for a shower of engagement to rain down. But extra dollars and paid time off aren't magic wands; they're just money and perks.
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