“In addition to considering happiness differentials between broad categories of job type, we also study job quality by focusing on more specific workplace characteristics and how they relate to employees’ happiness.
As might be expected, we find that those in well-paying jobs are happier and more satisfied with their lives and their jobs, but a number of further aspects of people’s jobs are strongly predictive of varied measures of well-being.
Work-life balance emerges as a particularly strong predictor of people’s happiness.
Further factors include job variety and the need to learn new things, as well the level of individual autonomy enjoyed by the employee.
Moreover, job security and social capital (as measured through the support one receives from fellow workers) are also positively correlated with happiness, while jobs that involve risks to health and safety are generally associated with lower levels of subjective wellbeing.”
“The notion that employment matters greatly for the wellbeing of individuals is one of the most robust results to have come out of the economic study of human happiness.”
World Happiness Report 2017