Employees who are unhappy about the newly increased taxes in 2013 had better hope that their CEO doesn’t have a kid. Kind of.
Kids, those bitter crotchfruit that are rumored to ruin everything, might also be lowering employee wages. A recent Dutch study found that when the male Chief Executive Officer of a company has kids – boys specifically – employees’ wages drop.
Data was taken between 1996 and 2006 by a small international trio of researchers: Michael S. Dahl, from Aalborg University (Denmark), Cristian L. Dezső, from the University of Maryland, and David Gaddis Ross, of the Columbia Business School.
The article, titled “Fatherhood and Managerial Style: How a Male CEO’s Children Affect the Wages of His Employees,” appeared in the December edition of Administrative Science Quarterly, a journal that never forgets Administrative Assistant’s Day.
Here are the nitty-gritty findings:
- A male CEO generally pays his employees less generously after fathering a child.
- The birth of a daughter has a less negative influence on wages than does the birth of a son.
- The birth of a daughter has a positive influence if the daughter is the CEO’s first child.
- The wages of female employees are less adversely affected than are those of male employees and positively affected by the CEO’s first child of either gender.
- Male CEOs pay themselves more after fathering a child, especially after fathering a son.
Remember that these findings reflect results culled from Dutch data, and any correlation to the United States (where privacy laws prohibit the same kind of data collection) is speculation.