Want 9% More Pay? Hit the Gym

M Friedman's picture
Rank: King Kong | 1,073

We all know that some measures tied to pay are completely out of the control for even the hardest working analysts. Even in our somewhat meritocratic workplaces, its been observed that taller people get paid more. I also understand that there is definitely a "beauty premium" on both Main and Wall Street. I mean, who wouldn't pay a little extra to work with a tall and handsome lad like myself?

The story line has always been that endowed genetics enhances your paycheck, but is there anything that the unfortunate can do to boost their pay?

Just talk to Dr. Kosteas from Cleveland State University, who claims there actually is something we can all start doing today to see extra pennies in our paychecks tomorrow. According to Kosteas, exercising regularly can boost your pay anywhere from 6 to 9%, which should be more than enough to offset the cost of a decent gym membership.

Apparently it's not that you have to be fit or muscular by any means, since Kosteas controlled for all types of Body Mass Indexes (BMI) in his research. Kosteas central claim is that by de-stressing, increasing focus and productivity, a regular gym goer gains just enough of an edge to break into the top bucket come bonus season. Sounds easy enough, right? Not exactly.

At least for me, the question remains; how in the world do you exercise regularly when working 80-100 hours a week?

Comments (14)

Jul 18, 2012

it's also something to talk about, someone who goes to the gym MAY look down upon those who don't, people who don't rarely look down upon those who do go to the gym. furthermore, if you go to gym / exercise with seniors, or just peers for that matter, you're likely to bond to a greater degree than those that dont. (this is by no means axiomatic)

Jul 18, 2012

anyone feel like this when they work out? http://youtu.be/VZqfUzax3kE

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Jul 18, 2012
AndyLouis:

http://youtu.be/VZqfUzax3kE

Classic

Here to learn and hopefully pass on some knowledge as well. SB if I helped.

Jul 18, 2012
AndyLouis:

anyone feel like this when they work out? http://youtu.be/VZqfUzax3kE

This is also directly correlated to him fathering children out a wedlock as well. Poor guy just had a shit ton of testosterone, and it all had to go somewhere.

Best Response
Jul 18, 2012

sucks for the guy who has to use the preacher curl after arnold jizzes all over the seat

GBS

    • 2
Jul 18, 2012
GoldmanBallSachs:

sucks for the guy who has to use the preacher curl after arnold jizzes all over the seat

He's always coming.

+1

Jul 18, 2012
DontMakeMeShortYou:
GoldmanBallSachs:

sucks for the guy who has to use the preacher curl after arnold jizzes all over the seat

He's always coming.

+1

Right? So you know, he is in heaven.

Jul 18, 2012

Do consulting instead of IB so you do have time to work out

Jul 18, 2012

I don't know if an observational study cuts it here...it could just be that gym-goers are more competitive/aggressive/driven than others. I think to make this claim, you'd need to assign one group an exercise regimen, then measure their bonuses/pay increases versus a control group.

The attractiveness issue makes sense though...the "halo effect" has been studied for years.

Jul 18, 2012

I can vouch for this. Well, I didn't get more money, per se, but I did start banging the two bitties from marketing. Hey-yo!

Jul 18, 2012

work out in the mornings, i always do mine at 6:30am when on deals since night time is too variable. Early morings are the best to work out, and no waiting line.

Jul 18, 2012

If a bodybuilder has a BMI >30 but has 10kg of fat and an other person has a BMI >30 but has 50kg of fat, what's the point of checking the BMI of the tested population?

Since the body mass index doesn't take into account the amount of muscle or fat a person has, I'm pretty sure that it is biased to add the BMI into consideration.

Nonetheless, even if I always tend to take these studies with apprehension, a 9% increase is not negligible!

Jul 18, 2012
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