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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Baristas who work in specialty coffee shops, along with hipsters more generally, have been referred to as the "shock troops" of urban gentrification—and it's no different in Philadelphia. These servers of artisanal coffee ...
Social Sciences
Nov 23, 2023
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When a powerful storm flooded neighborhoods in Fort Lauderdale, Florida, in April with what preliminary reports show was 25 inches of rain in 24 hours, few people were prepared. Even hurricanes rarely drop that much rain ...
Environment
Apr 27, 2023
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The most recent rise in Aotearoa New Zealand's minimum wage has again put the spotlight on low-wage jobs and the established belief that low wages are a starting point for workers who are quickly able to transition into higher-paid ...
Social Sciences
Apr 26, 2023
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Low-wage jobs—when are they stepping-stones towards a successful career and when do they become traps? A new study from Umeå University investigated when transitions from low-wage to better-paid jobs are more likely, and ...
Social Sciences
Dec 15, 2022
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Imagine if, during the height of the COVID-19 pandemic—before vaccines were available—you had to share a cramped bunkhouse with a dozen co-workers. Imagine if your employer forbid you from having personal visitors, or ...
Social Sciences
Jul 13, 2022
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Forty-four percent of American workers are employed in some of the least appealing or most dangerous jobs available, typically for low wages with little prospect for advancement. The positions have high turnover, so many ...
Economics & Business
Jan 31, 2022
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In a study published in the Journal of the Royal Society Interface in January 2021, SFI External Professor Doyne Farmer, first author Maria del Rio-Chanona, and their colleagues at Oxford University explore the impact of ...
Social Sciences
Feb 17, 2021
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In recent years, debate has been intensifying over whether the noncompete agreements some companies use to bind employees help or hurt workers. It's an issue management professor Evan Starr at the University of Maryland's ...
Economics & Business
Dec 7, 2020
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Job losses during the pandemic were substantially worse among workers in low-paying jobs, leading to a dramatic increase in wage inequality during the early months of the COVID-19 recession, says new research co-written by ...
Economics & Business
Sep 7, 2020
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