Study finds workers misjudge wage markets

Many employees believe their counterparts at other firms make less in salary than is actually the case—an assumption that costs them money, according to a study co-authored by MIT scholars.

Money might be more motivating for people in 'WEIRD' countries

Financial rewards may be more motivating for people living in Western, educated, industrialized, rich, and democratic (WEIRD) countries, than for people from non-WEIRD countries, reports a study published in Nature Human ...

Wage transparency reduces academic gender wage gap

A pair of researchers, one with HEC Paris, Jouy-en-Josas, the other with the University of Utah, has found that when universities make the salaries of employees public, the gap in gender pay disparity shrinks. In their paper ...

'Econophysics' points way to fair salaries in free market

A Purdue University researcher has used "econophysics" to show that under ideal circumstances free markets promote fair salaries for workers and do not support CEO compensation practices common today.

China expert recruitment project nets first batch: report

China has signed up more than 120 overseas experts for a new project aimed at spurring innovation by offering thousands of academics one million yuan (146,000 dollars) to move to China, state media reported Thursday.

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