Income and Happiness Nexus in Ilorin, Nigeria

Abstract

This paper explored the impact of income on happiness, considering academic and non-academic
staff in Al-Hikmah University, Ilorin, Nigeria, through a primary data set. To achieve the study's
objective, the structural equation modellings method of data analysis was utilized. A positive
relationship was found amidst the two key variables of this research. This indicates that most Al-
Hikmah staffs are happier with higher income. The model fit obtained from the results reinforced
the suitability of the model of analysis. Therefore, the study concluded that income has a
progressive effect on happiness and recommends that a reasonable increase in workers' salaries
will yield a happier environment.