You'll see what I mean in a bit....
Want Bigger Paycheck? Head To Happy Hour. Survey Shows Drinkers Have Higher Salaries
POSTED: 9:20 am EDT September 21, 2006
If you're looking to make more money at your job, have a cocktail.
A recent study found that drinkers take home more money than those who avoid libations altogether.
Female drinkers earn 14 percent more than nondrinkers, while male drinkers make 10 percent more than abstainers, according to a study from the Reason Foundation, a nonprofit think tank.
Additionally, social male drinkers -- those who visit a bar at least once a month -- bring home another 7 percent in pay on top of the 10 percent premium.
"Social drinking builds social capital," said Edward Stringham, an economist at the foundation. "Social drinkers are out networking, building relationships and adding contacts to their BlackBerries that result in bigger paychecks."
No wonder they call it Happy Hour.
However, women don't benefit from social drinking, according to the study. Women who frequent bars at least once a month showed no difference in earnings than women who didn't.
The study was based on an article published in the Journal Labor Research earlier this year.
Copyright 2006 by The Associated Press. All rights reserved.
Or did I 'miss' something in the translation?
Want Bigger Paycheck? Head To Happy Hour. Survey Shows Drinkers Have Higher Salaries
POSTED: 9:20 am EDT September 21, 2006
If you're looking to make more money at your job, have a cocktail.
A recent study found that drinkers take home more money than those who avoid libations altogether.
Female drinkers earn 14 percent more than nondrinkers, while male drinkers make 10 percent more than abstainers, according to a study from the Reason Foundation, a nonprofit think tank.
Additionally, social male drinkers -- those who visit a bar at least once a month -- bring home another 7 percent in pay on top of the 10 percent premium.
"Social drinking builds social capital," said Edward Stringham, an economist at the foundation. "Social drinkers are out networking, building relationships and adding contacts to their BlackBerries that result in bigger paychecks."
No wonder they call it Happy Hour.
However, women don't benefit from social drinking, according to the study. Women who frequent bars at least once a month showed no difference in earnings than women who didn't.
The study was based on an article published in the Journal Labor Research earlier this year.
Copyright 2006 by The Associated Press. All rights reserved.
Or did I 'miss' something in the translation?
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