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"When you break the data down like this, it is really hard to make the argument that women want to stay home with their kids and are choosing lowering paying jobs," Glynn said.
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Effective performance requires that participants switch from initially high paying decks to lower paying but also low punishment decks.
These companies could end up lowering pay in 2001.
They argue that contractors save, and so make, money by lowering pay and exploiting workers.
If Wall Street firms start lowering pay, employees will most likely find another firm willing to pay them more.
Even during recessions, businesses don't like to lower pay, because it reduces morale.
They document that lower paying companies have significantly higher turnover rates than those at well-paying companies.
New jobs are lower paying and less secure.
Some other former workers have found lower paying jobs; some have found nothing.
For example, someone might want to practice family medicine (lower paying) but opt for orthopedic surgery (very high paying).
And B) many of the unemployed were in lower paying jobs.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com