January 21, 2021
Many individuals are drawn to working at startups. They often believe that getting in at the ground level of a young company, where every job carries multiple responsibilities and provides them with a variety of skills that could not be gained at a large corporation, will help their future career prospects. They are often drawn to the camaraderie and social cohesion at small firms and also believe that if the startup does take off, they are in a position to become rich.
Despite these beliefs, a recent study co-authored by Professor M. Diane Burton, suggests that the reality is far gloomier. In “Do startup employees earn more in the long run?”, published in the January edition of “