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Wednesday, December 31, 2008

Tall Men and Money

For "Blink," Gladwell polled about half of the Fortune 500 companies and found that the majority of their CEOs were tall, white men, and:

- The average CEO was just under 6 feet (the average American man is 5'9")

- Among the CEOs, 58 percent were 6 feet or over

- In the United States, 14.5 percent of men are 6 feet or over

- Some 30 percent of the CEOs were 6'2" or taller

- Only 3.9 percent of U.S. men are 6'2" or taller

"Height matters for career success," said Timothy Judge, a University of Florida management professor who co-conducted a study on the topic.

After analyzing the results of four large-scale studies, Judge and co-author Daniel Cable, a business professor at the University of North Carolina at Chapel-Hill, found that extra inches could add up to thousands of dollars.

For each inch in height, a person earned about $789 more in pay. So a 6-foot person would earn $5,525 more each year than someone who is 5'5."

"If you take this over the course of a 30-year career and compound it, we're talking about literally hundreds of thousands of dollars of earnings advantage that a tall person enjoys," Judge said.

Source: sixwise.com

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