Men are more assertive in initiating salary negotiations
How do the “Big Five” personality traits - agreeableness, openness, conscientiousness, extraversion and neuroticism - contribute to salary negotiation initiation? And does the gender of your boss make a difference?
Merit-based employment practices contribute to gender pay gap
We’re all very familiar with the idea of merit pay at work, that workers get paid based on individual performance and not on other nonperformance-related factors. But could merit-based pay actually increase inequality?
Changes in wealth tied to changes in cardiovascular health
Wealth and health are so closely integrated that we can no longer consider them apart. Increases in wealth are associated with protection against cardiovascular diseases while downward wealth mobility is associated with increased cardiovascular risk.
Gender pay gaps are even greater when there is room for salary negotiations
While much of focus on the gender pay gap has been on the corporate sector, women at nonprofit organizations earn 8.9% less than men, with the gap becoming greater when there is room for salary negotiations.
Variable pay schemes can make workers ill
The incentive provided by sales commissions and bonus payments is motivating. However, as variable pay increases, so do stress levels. When variable remuneration accounts for about 30% of total remuneration, the pressure to perform increases rapidly and performance decreases.
Seattle's minimum wage increase did not change crime or employment rates
The drive to increase the minimum wage to $15 per hour in the US is gathering steam—though it is hotly contested by those on the right of the political spectrum. Some interesting new research has killed off two popular assumptions upon which both sides have relied.
Higher income predicts feelings such as pride and confidence
The effects of income on our emotional well-being should not be underestimated - having more money can inspire confidence and determination while earning less is associated with gloom and anxiety. But money doesn't necessarily make a person more compassionate and grateful.
Not all banking crises involve panics
A banking crisis is often seen as a self-fulfilling prophecy: the expectation of bank failure makes it happen. But many banking crises are quieter: even without customers panicking, banks can suffer losses serious enough to create subsequent economy-wide downturns.
Big name corporations more likely to commit fraud
Household name companies are more prone to engage in financial fraud - fudging the numbers, lying to investors - but by the time the fraud is discovered the CEO has probably long moved on.
Money matters to happiness - perhaps more than previously thought
What is the relationship between money and well-being? Are we underestimating the importance of money to our personal happiness?
Financially exploited seniors show brain differences and are more frail
The methods that scammers and fraudsters use put a stress on being able to see and hear things accurately - it stands to reason that this would be a mechanism for how older adults might be more vulnerable to financial exploitation.
Global economic stability could be difficult to recover in the wake of the COVID-19
Critical slowing down (CSD) theory has been used to analyze long-term trends in the global GDP datasets, with analysis suggesting the Covid-19 crisis may result in one of the weakest and most unstable recoveries in recorded history for many economies.
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