Film at 11: Money can't buy happiness
Psychological therapy may be much more effective at making people happy than getting a raise or winning a lottery prize, suggests an English study.
Researchers analyzed data on thousands of people who provided information about their mental well-being and found that the increase in happiness from a $1,329 course of therapy was so significant that it would take a pay raise of more than $41,542 to achieve an equal boost in well-being.
That suggests that therapy could be as much as 32 times more cost-effective at improving well-being than simply getting more money, the researchers said.
More detail here.
Of course, I can also see the opportunities for scam artists to move right in, since corporations would doubtless like to cut pain and suffering awards to 1/32 of what they used to be...