October 4, 2006
REASON NUMBER 137:
Does Drinking Help Your Career? (Peter Hoy, 10/4/06, Inc.com)
While many were quick to dismiss the findings of a recent study showing that drinkers make more on average than those that abstain from alcohol, a number of CEOs cite a direct connection between socializing and career advancement.Regular drinkers make 10% to 14% more money than those who do not drink, according to the study, conducted by the Journal of Labor Research, published quarterly by the Department of Economics at George Mason University, and the Reason Foundation, a Los Angeles-based think tank.
The study also concluded that men who drink socially -- defined as visiting a bar at least once a month -- earn an additional 7% more than those who do not. The same correlation was not found for women, however.
See, honey? I do it for you and the kids.
Posted by John Resnick at October 4, 2006 7:16 PMFunny, I do it BECAUSE of you and the kids...
Posted by: Lyndsey Resnick at October 4, 2006 7:49 PMSome of us are more social than others.
I mean, 5 beers is now "binge drinking." Are they kidding?
Visiting a bar once a month?! That just like being in AA!!
Until this post, I had no idea how rich I really was.
Posted by: Bruno at October 4, 2006 7:59 PMOh, many a peer of England brews
Livlier liquor than the Muse,
And malt does more than Milton can,
To justify God's ways to man.
Everybody has to believe something, I believe I'll have another Wahrsteiner.
Posted by: Lou Gots at October 4, 2006 8:29 PMRegular drinkers make 10% to 14% more money than those who do not drink
Of course, as our wives keep reminding us, we also spend 17% more, but who's counting?
Posted by: Peter B at October 4, 2006 9:44 PMPeter,
We lose money on every beer, but we make it up on volume.
Posted by: Bruno at October 4, 2006 10:53 PMBeer drinkers also have 10-14 percent stronger bladder muscles...
Posted by: John at October 4, 2006 11:10 PMHow drunk were the people who did the research?
Posted by: Joseph Hertzlinger at October 6, 2006 1:07 AM