Alcohol Boosts Salary, Says Study
Posted on Sep 15, 2006
Drinkers are apparently more apt to reap “social capital,” said the study’s co-author. “Social drinkers are out networking, building relationships and adding contacts to their BlackBerries that result in bigger paychecks.”
We’ll drink responsibly to that!
People who consume alcohol earn significantly more at their jobs than non-drinkers, according to a US study that highlighted “social capital” gained from drinking.
The study published in the Journal of Labor Research Thursday concluded that drinkers earn 10 to 14 percent more than teetotalers, and that men who drink socially bring home an additional seven percent in pay.
“Social drinking builds social capital,” said Edward Stringham, an economics professor at San Jose State University and co-author of the study with fellow researcher Bethany Peters.