Lending Club Blog

Premium Wages for Married Men

The wage gap between men and women is a popular topic of conversation and analysis, but isn’t the only gap that exists in American business. Another common discrepancy exists in wages between single and married men.

A 2003 study of this wage difference was performed by the economics department of the University of California, San Diego with the hopes of quantifying the amount of the wage gap and identifying its causes. There are three common reasons given for why married men earn more: fewer household-related tasks allow them to focus on their careers, employers discriminately prefer married men, and the same qualities that make them more successful at work also make them more successful with women.

To eliminate (or reduce) the third factor, the UCSD study examined sets of identical twins, one married, one single. The conclusion reached was that being married amounted to 27% higher wages. A new theory for this discrepancy was also presented: married men may be inspired to work harder and seek higher wages because their success affects not only their own personal well being, but that of their wife and children as well.

Though these results come from just one of many studies on the subject, it is interesting to consider the result. Many people see a boost in their finances after they get married as many expenses become shared. For example, the cost for two people to live in a large apartment is generally less than if each lived in a small apartment. It would be easy, for the fact that the salary of the now-married man begins to accelerate can be hidden as a result. Perhaps it’s the combination of consolidation and wage premium that makes married life seem more conducive to getting ahead financially.

How does your wage compare to those of your colleagues with a different marital status than your own?

Monday, March 30th, 2009 at 2:12 pm

Comments (0)


Welcome Home

Lending Club named #5 on Forbes’ Most Promising Companies List

Get ready for tax season with Lending Club’s Tax Form Guide

New Adjusted Return Metric

See more
Lending Club Awards
  • Archives z

Recent Posts

New Infographic on Small Business Financing

Check out our latest infographic on the state of… Read More »
December 17, 2015

More Data Coming for Investors

We’re always seeking feedback and looking to make the… Read More »
November 10, 2015

Lending Club Surpasses $13 Billion

Check out our updated infographic to see what a… Read More »
October 29, 2015

Lending Club Launches Multi-Draw Line of Credit for Small Businesses

We’re excited to announce the… Read More »
October 16, 2015

Bloomberg Markets Names Renaud Laplanche on its 2015 “Most Influential” List

Read More »
October 6, 2015

Congratulations, Carrie! Named 2015 Financial Woman of the Year by The Financial Women of San Francisco

Read More »
October 5, 2015

Congratulations to Carrie Dolan – Named one of American Banker’s 2015 Most Powerful Women in Finance

Read More »
September 22, 2015

Welcome Nebraska, Kansas, and Indiana Investors!

We recently welcomed residents of Nebraska, Kansas, and Indiana… Read More »
September 21, 2015

Lending Club Job Spotlight: Technology & Member Support

Our Technology team develops and… Read More »
September 14, 2015

What $11 Billion Can Do

In celebration of surpassing $11 billion in loans and… Read More »
September 3, 2015


We went public today!

Ringing the bell this morning at the New York… Read More »
December 11, 2014

New and Improved Statistics Page

We recently redesigned our Loan Statistics page to make… Read More »
November 13, 2014

Lending Club Honored with Economist Innovation Award

This month I was honored… Read More »
October 15, 2014

Welcome Vermont Investors!

Today, we’re thrilled to welcome residents of the state… Read More »
September 4, 2014

We filed to go public today

We filed a registration statement with the SEC today… Read More »
August 27, 2014

Our Billion Dollar Quarter

We’re excited to announce  that we’ve facilitated over $5… Read More »
July 8, 2014

Is Lending Club Available in My State?

Is Lending Club available in my state? That is… Read More »
July 7, 2014

Lending Club Joins Senator Cory Booker to Discuss Improving Access to Capital for Small Businesses

Read More »
June 20, 2014

Lending Club Named a CNBC Top 50 Disruptor for a Second Year

For the second year in… Read More »
June 17, 2014

PRIME is now Automated Investing

Lending Club is excited to announce that PRIME has… Read More »
May 14, 2014
View All w