This may or may not be true, but before you can even start to make claims like that you have to consider (by which I mean place a monetary value on):
+ Perks of the job (not benefits package), for instance I regularly turn down very well paying jobs offered to me because my underpaying job as a university researcher gives me opportunities It would cost a significant amount of money to buy, if that is even possible.
+ There are plenty of people in the world who get paid to do the things they would otherwise call a hobby. This means at least doubling the salary to get them to switch, because they would have to figure out what to give up in their lives, and be compensated for that, because a job doing the hobby gives more time for more extra hobbies. Spending 8+ hrs a day on something else means less time.
+ Similar to the perks section: a good working environment is a good motivator to apply for a job, even for the same salary and work, over a bad working environment.
+ Family considerations, e.g. closer to spouse/kids, less commute, etc. all contribute in non-monetary ways.
All that being said, I still am not sure I agree with the PP, just stating that a one-dimensional characterization of job application is perhaps too simple.
+ Perks of the job (not benefits package), for instance I regularly turn down very well paying jobs offered to me because my underpaying job as a university researcher gives me opportunities It would cost a significant amount of money to buy, if that is even possible.
+ There are plenty of people in the world who get paid to do the things they would otherwise call a hobby. This means at least doubling the salary to get them to switch, because they would have to figure out what to give up in their lives, and be compensated for that, because a job doing the hobby gives more time for more extra hobbies. Spending 8+ hrs a day on something else means less time.
+ Similar to the perks section: a good working environment is a good motivator to apply for a job, even for the same salary and work, over a bad working environment.
+ Family considerations, e.g. closer to spouse/kids, less commute, etc. all contribute in non-monetary ways.
All that being said, I still am not sure I agree with the PP, just stating that a one-dimensional characterization of job application is perhaps too simple.