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.
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.
Economics & Business
Mar 14, 2024
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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 ...
Social Sciences
Jan 9, 2024
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Earlier this week, the Ontario government announced that they would introduce legislation that would require organizations to include salary ranges in job postings. Recently, the University of Waterloo made the salary field ...
Economics & Business
Nov 9, 2023
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When choosing between meaningful work or a better salary, it's not even close—most people overwhelmingly prefer higher-paying jobs with low meaningfulness over low-salary jobs with high meaningfulness, says new research ...
Social Sciences
Oct 12, 2023
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Race and gender inequities in faculty representation and support have been widely acknowledged, but a new University of Michigan study reveals a previously underexplored contributor to disparities in pay and employment conditions: ...
Economics & Business
Oct 3, 2023
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Sixty-six percent of U.S. teachers who responded to a new, nationally representative RAND Corporation survey said their base salary was inadequate, compared with 39% of U.S. working adults. These teachers want a $17,000 increase ...
Economics & Business
Sep 12, 2023
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That nagging gap between how much men get paid on average, and how much less women earn, has stubbornly persisted, according to the U.S. Government Accountability Office.
Social Sciences
Aug 15, 2023
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Pursuing a career in science, technology, engineering, and mathematics (STEM) has historically required women to confront significant gender bias within the world of academia. But it's important to update our perceptions ...
Social Sciences
Jul 31, 2023
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Job seekers looking to land a role with an altruistic organization may feel too guilty to ask for higher pay, according to a new study from the McCombs School of Business at The University of Texas at Austin.
Economics & Business
May 4, 2023
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In his 2023 State of the Union address, President Joe Biden called for public school teachers to get a raise but offered no specifics on how that could be done. Here, Michael Addonizio, an education policy expert at Wayne ...
Education
Feb 16, 2023
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