alt Hacker NewsSurprised to be the first person to point this out. The entire premise of the article is dependent on a single study that definitely cannot demonstrate causation. The results of the study could equally well be explained by a third variable that causes both better financial outcomes and a higher likelihood to have more relationships with people who are wealthier.
Beyond that, I just have a lot of trouble accepting the conclusion because of everything I have seen in my career. Hard working people tend to know other hard working people. Hard working people get more done. Getting more done seemed to get you promoted, at least where I worked. Getting promoted had a meaningful, positive effect on income. People who weren’t very productive languished, conversely.
Possible this experience does not generalize to all workplaces!
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Hard working helps but not enough. Connection helps more. At least in my career.
I couldn't get a job after graduation (post dot com bust). I started master, and in one of the class, I did the group project myself. One of the member of the group project was manager who got me the interview at her company and hired me.
A possible "third variable" could be intelligence. It's been shown to be strongly correlated with success in general, and it seems likely people of similar intelligence would find it easier to relate to each other.
> Hard working people tend to know other hard working people. ... Hard working people get more done.
Getting promoted at a FAANG is like a micro-effect. One percent of one percent of one percent. Generalizing our experience to 72 million Americans ain't it boss.
And our experience is subject to dozens of selection bias. For example, most of the best people I know at my current job are that way in part because I trained them at my last job at a university. And then they referred me into their employer networks. Beyond the hurdles of getting into a flagship state school, having those connections matter. Nobody I know from undergrad had any employment at FAANG when I was laid off a decade ago, I just got lucky enough to have a second cohort contacts in the form of student employees at a different flagship state university doing internships, landing jobs and looking for referral bonuses. Last I checked LinkedIn I'm the only engineer from my alma mater at my employer.
I think it’s right if it’s corrected for one thing:
It’s not about working hard but about creating the perception that you’re working hard for the company!
The meritocracy fiction.
Many places I've worked didn't promote hard workers at all. Hard workers were hard to replace so they were kept where they were and even blocked from promotions at times. People floating about with few duties were easy to backfill so could move to new positions, including up.
This is mostly public sector and utilities