Bob’s Rich: Shorter Names Could Mean Higher Salary, Research Suggests

Research says shorter names could be more lucrative

hello name tagSo you want to make more money? It may be time to shorten your name.

Using its 6 million members to analyze name-length and factors such as salary level, industry and location, the career site TheLadders says it behooves moms everywhere to shorten names — since its research says that not only is there a correlation between shorter names and higher salary, but additional letters to your name means a drop in annual salary to the tune of $3,600 per year.

“Doing a simple linear regression, it looks like every additional letter added to your name accounts for a $3,600 drop in annual salary. One exception is names with seven letters, like Stephen, but closer inspection showed that seven-letter names lend themselves to males over females, so it’s higher paid males over-indexing and inflating the seven-letter bucket.”

Tom, Rob, Dale, Doug and Wayne ranked among the highest paid male names, while Lynn, Melissa and Kathy ranked highest among women.