By Will Temby
Ready for a raise?
Forget about putting in extra hours at the office and instead aim for more time on the treadmill.
That’s what a new study concludes, asserting that employees who work out take home, on average, 9 percent more pay than folks who don’t exercise.
We were motivated to exercise to fit into our jeans — but now we’re also motivated to hit the gym to make the money to buy the latest designer jeans.
Vasilios Kosteas of Cleveland State University, the study’s author, used a statistical technique called propensity-score matching. The idea is to score each study subject on whether they fit the profile of someone who exercises, based on factors like age, education level, and whether he or she played sports in high school.
By comparing subjects with similar scores, only some of whom exercise, Kosteas says his study indicates that exercise leads to higher earnings — although he also says follow-up studies are needed to know for sure.
Either way, it can’t hurt.
About the Author
Will has enjoyed a 20-year career in leadership positions in the hospitality and travel industry throughout the U.S. with the Hyatt, Sheraton, Hilton, Renaissance and Steamboat Ski and Resort corporations. Will received a Bachelor of Science degree from the University of Massachusetts at Amherst. From 2000-2007, he served as President and CEO of the Greater Colorado Springs Chamber of Commerce. He also served as Vice President-Special Projects for the University of Colorado Foundation from 2007 to 2009. Will is a past Chair of the Board of Directors of the National Homeland Defense Foundation and former member of the United States Chamber of Commerce Committee of 100. He is married to Nan, has five wonderful children, and enjoys coaching, traveling, hiking, golfing and skiing.