In addition to supply/demand, from the other comment, there is another point.
A high salary means that your employer consider you to have high worth. They won't waste your time -- and they will try to keep you happy (you're a valuable resource).
Edit: I should add a corollary -- for job satisfaction, stay away from situations with too little money and hard competition for few jobs. (The academic world and bureaucracies comes to mind.) It is like too many rats in a too small cage...
Another question, about 60-80 hours work weeks:
I've always read/heard that 40 hours was a work "optimum". If you do more/less hours, the productivity over time will be less. Are high paid people generally able to work 60-80 hours a week over years and be productive?
(I wouldn't know -- I'm not certain that 40-hour rule fits me personally.)
A high salary means that your employer consider you to have high worth. They won't waste your time -- and they will try to keep you happy (you're a valuable resource).
Edit: I should add a corollary -- for job satisfaction, stay away from situations with too little money and hard competition for few jobs. (The academic world and bureaucracies comes to mind.) It is like too many rats in a too small cage...
Another question, about 60-80 hours work weeks:
I've always read/heard that 40 hours was a work "optimum". If you do more/less hours, the productivity over time will be less. Are high paid people generally able to work 60-80 hours a week over years and be productive?
(I wouldn't know -- I'm not certain that 40-hour rule fits me personally.)