Young People Earn More at Young Companies

Although average wages tend to be lower at younger companies in the U.S., workers aged 25–34 earn 3.1% more at firms that are five years old or younger than at well-established firms, say Paige Ouimet of the University of North Carolina and Rebecca Zarutskie of the Federal Reserve Board. One reason may be that youthful workers possess the cutting-edge technical skills that startups are seeking and are willing to pay for, the researchers say. 25-to-34-year-old employees... More »

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