Reported 1 day ago
Research reveals that young workers with parental connections, often referred to as 'nepo babies', earn approximately 24% more in their first job compared to those without such ties. A recent study shows that these individuals gain an average of $6,700 more in their first year of employment. While nepotism is common across various industries, wealthier families benefit the most, as their children often secure higher-paying positions in blue-collar jobs. Overall, having parental connections plays a crucial role in income disparities during early career stages.
Source: YAHOO