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Employing Others Is Linked to Wealth and Wellbeing
Owner-employers in the U.S. outshine peers in income, wealth, life satisfaction and work engagement, showcasing superior wellbeing and success.
Adults who employ others score higher than other groups, including employees and non-employer owners, on a variety of measures -- income, wealth, life evaluation and work engagement. The associations discussed in this report are consistent with the idea that owning a business that employs others promotes higher subjective wellbeing, income and wealth, but other explanations are possible. Gallup will seek to conduct longitudinal research on the subjective wellbeing of working adults to better evaluate how baseline ownership predicts changes in financial and wellbeing-related outcomes.
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