How good do you look?

LadyJeanne

deluded
Joined
Jun 25, 2004
Posts
5,885
:rolleyes: :p :rolleyes:


Analysis: Good Looks May Mean Better Pay
By JIM SALTER
The Associated Press
Updated: 6:48 p.m. ET April 7, 2005

Why wasn't I born rich instead of handsome? Or so the lament goes. But an office of the nation's central bank now says that if you're gorgeous, chances are better that you will get paid more than plain folks.

Analysis by the Federal Reserve Bank of St. Louis suggests that good-looking people tend to make more money and get promoted more often than those with average looks. The analysis is published in the April edition of The Regional Economist, the Fed's quarterly magazine.

Research analyst Kristie Engemann and economist Michael Owyang looked at the possible link between appearance and wages by evaluating previous surveys and research. Their conclusion: It helps to be tall, slender and attractive.

Less clear was whether the less attractive are victims of bias, or if good-looking people tend to develop self-confidence and social skills that simply enhance their marketability.

"It doesn't' seem like anti-discrimination laws, even if you enforce them strictly, would be a magic bullet," Owyang said.

The researchers cited one study that found a "plainness penalty" of 9 percent in wages _ meaning a person with below-average looks tended to earn 9 percent less than those with average looks _ and a "beauty premium" of 5 percent.


A study concerning weight showed that women who were obese earned 17 percent lower wages than women of average weight.

Height matters, too, the researchers believe. One study looked at the height of 16-year-olds and the wages they earned later as adults. The taller teens went on to earn an average of 2.6 percent more per additional inch of height.

"Maybe they developed extra confidence early on that their shorter counterparts didn't have," Engemann said.

The researchers also cited a survey by journalist Malcolm Gladwell showing that the average chief executive is 3 inches taller than the average man. While a typical American male stands 5-foot-9, Gladwell's study found that about one-third of CEOs are 6-foot-2.

Jean Seawright, a human resources consultant from Winter Park, Fla., said the analysis backs up what she sees in the workplace.

"To some degree, it's that the (boss) is drawn to certain characteristics, and they tend to put more weight on that," Seawright said. "What can happen, unfortunately, is that they miss more important job-related traits.

"It hurts employment in the long-run because there are talented people out there who are not tall, blond, slender and attractive," Seawright said.

Engemann and Owyang said that in some cases, the attractive are simply more self-confident because of their good looks. For jobs where interpersonal interaction is important, that increased confidence can result in better communications skills that may improve job performance.

"Employers might believe that customers or co-workers want to interact with more-attractive people," the researchers wrote.

The research indicates that some people who are obese may be held back by health factors or low self-esteem. Yet discrimination also seemed to play a role. Researchers said the wage differential for obese women seemed to be limited to white women, "which seems to contradict an unmeasured productivity explanation."

Owyang and Engemann also cited a study indicating the beauty premium existed, even for occupations that do not require frequent interpersonal contact.

"As these results suggest, disentangling the effects of productivity differences and discrimination can be problematic," Owyang said. "Though discrimination is a possible explanation, anti-discrimination laws might not guarantee that these wage differentials would evaporate.

"Unmeasurable productivity might still result in pay disparities, and CEOs might still be tall."
 
I don't look too good without my contact lenses.
 
Ewww....that just so fucked up.....but so true in the materialism of today.
*despondent sigh*
 
RebeccaLeah said:
Ewww....that just so fucked up.....but so true in the materialism of today.
*despondent sigh*

Yeah, I'm suddenly feeling like I need a major makeover.
 
Hmmm...

So better looking people get paid better wages...

According to my paycheck, I'm uglier than I thought...

:(

Q_C
 
Quiet_Cool said:
Hmmm...

So better looking people get paid better wages...

According to my paycheck, I'm uglier than I thought...

:(

Q_C


"To some degree, it's that the (boss) is drawn to certain characteristics, and they tend to put more weight on that," Seawright said. "What can happen, unfortunately, is that they miss more important job-related traits."

Maybe your boss just isn't attracted to you. Have you tried offering sexual favors?
 
carsonshepherd said:
And this is news?

I want to know why the Fed in St. Louis did this analysis...like, they don't have enough to do managing interbank loans?
 
LadyJeanne said:
"To some degree, it's that the (boss) is drawn to certain characteristics, and they tend to put more weight on that," Seawright said. "What can happen, unfortunately, is that they miss more important job-related traits."

Maybe your boss just isn't attracted to you. Have you tried offering sexual favors?

Actually, we're on a pay scale that's pre-set, and the person who hired me was male. My actual bosses (I have 2)...? The older one I'd be scared would accept. The younger one, honored, but I'd sweat out the VD tests...

:cool:

Q_C
 
Virtual_Burlesque said:
Tsk! You must mean overdrawn that way. :devil:

:D

Kyle, the makeover line forms to the left. SIMA will provide grooming tips in exchange for a pizza.
 
So, where's all tha money I should be having? :confused:

unmodestly,
#L
 
Liar said:
So, where's all tha money I should be having? :confused:

unmodestly,
#L

Wait aminute....

Isn't that you in the AV... (hiding behind the hand)?

Q_C
 
LadyJeanne said:
Kyle, the makeover line forms to the left. SIMA will provide grooming tips in exchange for a pizza.
*heads to the back of the line*
*whistles off-key*

I think it will take more than tips.
 
LadyJeanne said:
. . . "Employers might believe that customers or co-workers want to interact with more-attractive people," the researchers wrote. . . .
Where I work, the employers have to. The customers aren't the least bit shy about emphasising that very point.

But, I believe there is some diminishing of these requirements, the further one gets through one's career — at least for men.

Otherwise, how do you account for all the crab-faced, balding, paunch-ridden, bosses?

Most bosses for whom I've worked either were employed by relatives, or started the business with their own money. (In several cases by swiping and selling the bait out of other people's rat traps, I've surmised.)
 
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