Let's see, would I pay the secretary more on the left than the right???
Posted on 04/07/2005 2:11:34 PM PDT by srm913
Why wasn't I born rich instead of handsome? Or so the lament goes.
But 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.
(Excerpt) Read more at cbsnews.com ...
Yes, but with good looking wives, right? Maybe the good looking wife is their secret...
That's why I thank God everyday for minimum wage.
I think the Onion did an article last year about the unemployment rate among 'hot chicks' remaining steady at 0.0%. :)
Before you accept Laz's proposal, make sure he's rich....it sucks being poor and ugly..
I remember my first TGLM (tall, good-looking man) bonus. The extra cash came in handy. The TGLM tax credit from the IRS helped too.
Michelle Malkin must be making a fortune!
Thank God there's a pay scale for Hillary in the Senate.
;-)
And Laura Ingraham as well.
But hilarious.
Don't forget the miser Janet Reno! He's really ugly.
Yes.
She once appeared on the cover of The New York Times Magazine in a leopard-skin miniskirt for an article about rising young conservatives in 1995.. Has ANYONE ever seen that picture? It's referred to on the net often, but NO picture. I've been dying to see that for as long time!
Fit people run faster than obese people.
No....helen thomas should be paying us......
I'm ugly but I'm well paid.
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Well... I'm uglier, and I raise you $50 !!! ;-))
Well, this surely applies to the skin trades.....
Ah! Weird people are the fun ones. As long as they aren't creepy weird.
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