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Do Pretty People Earn More?

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  • Do Pretty People Earn More?

    I actually researched this sin in my PS Statistics class, we were talking about how statistics show that taller people tend to earn more. So here's an article touching up on a similar area.




    Studies show attractive students get more attention and higher evaluations from their teachers, good-looking patients get more personalized care from their doctors, and handsome criminals receive lighter sentences than less attractive convicts. But how much do looks matter at work?

    The ugly truth, according to economics professors Daniel Hamermesh of the University of Texas and Jeff Biddle of Michigan State University, is that plain people earn 5 to 10 percent less than people of average looks, who in turn earn 3 to 8 percent less than those deemed good-looking.

    These findings concur with other research that shows the penalty for being homely exceeds the premium for beauty and that, across all occupations, the effects are greater for men than women.

    A London Guildhall University survey of 11,000 33-year-olds found that unattractive men earned 15 percent less than those deemed attractive, while plain women earned 11 percent less than their prettier counterparts. In their report "Beauty, Productivity and Discrimination: Lawyers', Looks and Lucre," Hamermesh and Biddle found that the probability of a male attorney attaining early partnership directly correlates with how handsome he is.

    Size matters, too. A study released last year by two professors at the University of Florida and the University of North Carolina found that tall people earn considerably more money throughout their careers than their shorter coworkers, with each inch adding about $789 a year in pay.

    A survey of male graduates of the University of Pittsburgh found that the tallest students' average starting salary was 12 percent higher than their shorter colleagues'. The London Guildhall study showed that overweight women are more likely to be unemployed, and that those who are working earn on average five percent less than their trimmer peers.

    According to Dr. Gordon Patzer, who has spent over three decades studying and writing about physical attractiveness, human beings are hard-wired to respond more favorably to attractive people. Even studies of babies show they will look more intently and longer at prettier faces.

    "Good-looking men and women are generally judged to be more talented, kind, honest and intelligent than their less attractive counterparts," says Patzer. "Controlled studies show people go out of their way to help attractive people - of the same and opposite sex - because they want to be liked and accepted by good-looking people."
    This may not sound too pretty to those of us who were dealt a bad hand in the looks department. But don't rush off to try out for the next round of Extreme Makeover just yet.

    Despite what the research tells us, some of the world's most successful people have been ordinary looking at best, and you would never mistake the faces in Fortune for the faces in Esquire or Entertainment Weekly. Business legends are often of average height (Bill Gates at 5'9˝") or even diminutive (Jack Welch, 5'8", and Ross Perot at 5'7"). What's more, many folks who are lovely to look at complain that they lose out on jobs because people assume they are vacuous or "lightweights."

    How does this reconcile with all the research? Hiring managers say it is the appearance of confidence they find attractive, not the presence of physical beauty. And they contend that attractiveness has more to do with how you carry yourself and the energy you exude – rather than having perfect features or a great physique.

    ...

    Article

  • #2
    Originally posted by spiral
    I actually researched this sin in my PS Statistics class, we were talking about how statistics show that taller people tend to earn more. So here's an article touching up on a similar area.
    That's the oldest statistics trick in the book (well, ever since NBA players started making millions) It's like that classic adage about how the average yearly salary for a person with a geography degree from University of North Carolina was like $500K a year... well they failed to mention Michael Jordan was one of them.
    this post = teh win.

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    • #3
      I'm underpaid. I guess I'm ugly.

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      • #4
        Poor kid.

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        • #5
          Originally posted by Sip
          That's the oldest statistics trick in the book (well, ever since NBA players started making millions) It's like that classic adage about how the average yearly salary for a person with a geography degree from University of North Carolina was like $500K a year... well they failed to mention Michael Jordan was one of them.

          Yeah...statistics have a way with misleading... I like that.

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          • #6
            I guess I'm average-looking then.

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            • #7
              Don't know about this one.
              I'm super sexy and I'm unemployed so the rule is flawed. ... no wait. I got that the wrong way, I'm incredibly ugly but I've got a kickass salary.

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              • #8
                I truly believe I'm overpaid. But it has nothing to do with my looks. That's just coincidence.

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                • #9
                  Attractiveness is completely subjective for one and a correlation doesn't mean causation. Maybe people who earn more are able to spend more on their appearance. You don't get a fancy new haircut when you're barely making rent.

                  Classic examples in that article of "regression to the mean". We use mental shortcuts (heuristics if you want to read up on it) to make inferences about probabilities and estimation of frequencies and such we tend to make the same systematic errors in computation.

                  Extremely good looking people are not going to as smart as they are good looking for example, so people perceive a negative relationship.
                  If you're very good at one thing you can usually do an above average job at another, but not as good as the first. For example, Michael Jordan playing basketball vs. baseball.
                  It works across persons too... Michael Jordan's son will likely be an above average athelete, but not as great as his father.

                  For more you can read the classic article by Tversky and Kahneman (1974) called Judgements under uncertainty: Hueristics and biases. I'll even send the pdf to anyone interested.
                  [COLOR=#4b0082][B][SIZE=4][FONT=trebuchet ms]“If you think you can, or you can’t, you’re right.”
                  -Henry Ford[/FONT][/SIZE][/B][/COLOR]

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                  • #10
                    That's a very interesting take on it. I like.
                    this post = teh win.

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