Rich Kids Are More Likely to Be Working for Dad

Nepotism is alive and well, especially for the well-off.

A new paper by Martha Stinson and Christopher Wignall found that 9.6 percent of working-age men were working for their dad in 2010. The likelihood of nepotistic opportunism was related to class, generally climbing with the father’s income.

This is just a “snapshot,” writes Matt O’Brien for the Washington Post. It’s just one year. If we consider whether men have ever worked for their dads, the numbers get much higher. More than a quarter of men spend at least some time working for the same company as their fathers before their 30th birthday. O’Brien also cites a study by economist Miles Corak revealing that 70 percent of sons of the one percent in Canada have worked at the same place as their dad.

As O’Brien says: “The easiest way to get your foot in the door is for your dad to hold it open for you.”

This post originally appeared on Sociological Images, a Pacific Standard partner site, as “Chart of the Week: Rich Kids More Likely to Be Working for Dad.”

Related Posts

Iran 2009, Meet Ohio 2004

Statistical progression suggests the Ahmadinejad landslide was unlikely, although his win was predictable. In other words, while the election may have been rigged, it wasn't stolen.
See More