
Certainly, it's not only about a paycheck. The value of an organization's benefits package including health care, retirement savings and paid time off are all part of the total rewards picture.
But beyond that, other contributors to job satisfaction included the employee's relationship with their immediate supervisors and "the work itself". Guess it adds to the validity of the statement that employees don't work for the company, they work for their supervisor...plus a paycheck, of course!