What's in a name? Apparently the key to people's earning potential, according to a recent study.
The shorter your first name, the more you will earn on average, online career site TheLadders found in a study. In fact, every additional letter to a name correlates to a $3,600 drop in annual salary.
Those who go by a shorter nickname also outearn counterparts who go by the corresponding full name, the study found. Bills usually score a bigger paycheck than Williams, for example, and Debbies earn more than Deborahs.
Even those who have the same name but spell it differently will see a wage difference. Michele with one "l" will earn more than Michelle with two 'ls." Philip will speed past Phillip on the wage scale. And the same with Sara vs. Sarah.