A new study has identified the names that could affect your future earning potential.
According to research by jobs website Adzuna, ‘Steve’s’ and ‘Catherine’s’ earn the most, while ‘Nathan’s’ and ‘Amy’s’ earn the least.
The study was conducted in September 2017 by analysing over 50,000 CVs of recent job seekers who used Adzuna’s ValueMyCV tool, to reveal the average earning potential of workers with different names.
Traditional names top the list, with boys name ‘Steve’ and girls name ‘Catherine’ proving the highest value.
Workers called Steve can typically earn $152,801 per year, while those going by Catherine can take home an average of $86,379
Following close behind the leaders, the next most valuable boys names are ‘Stuart’ ($145,484), ‘Gavin’ ($140,705) and ‘Ian’ ($135,829), while female names ‘Kate’ ($82,868), ‘Ashley’’ ($82,552) and ‘Sharon’ ($73,624) are also top earners.
By comparison, workers named ‘Nathan’ and ‘Amy’ are at the bottom of the wage pile, with average potential earnings of just $71,098 and $50,510 respectively.
Top 10 Earning Names in Australia
|Male||Average salary||Female||Average Salary|
A trend in the data also showed that for males, shortening the name on your CV results in a higher valuation.
Their study analysed how the pronunciation of names can influence impression formation and decision-making. In particular, they demonstrated “the name pronunciation effect,” which occurs when people with easy-to-pronounce names are evaluated more positively than those with difficult-to-pronounce names.
Adzuna CEO Raife Watson says, “If you give someone permission to call you by a nickname or informal version of your name, it allows them to form a more emotional connection with you that insisting on the full-length version of the name prohibits.”
|Male||Average salary||Shortened Name||Average Salary|
“It’s also worth to note that changing the name on your CV from Steve to Stephen isn’t going to magically inflate your pay packet. Opting to use your shorter name – when you introduce yourself to new colleagues, when signing off an email, and yes, when writing your CV – might just increase your earning potential over the course of your career however.”
For women the picture is less clear. Very few women opted to shorten the first name in their CV, which could be a tactic for successful women to show they take the workplace seriously.
Regardless, the evidence is clear – your name has an impact on your salary. Choose it carefully.
To find out if you’re being underpaid, and how much your skills and experience could be worth to employers, upload your CV today to ValueMyCV.