Note : This research finding is relevant mostly for Canada & partly for South Africa. Not for India . But this statistic & trend made an interesting study. Hence sharing.
APRIL 21, 2011 Thu
Visible trend out of research : Children Inherit Employers from Parents
Research Finding :
By age 33, about 40% of men have worked at some point for companies that employed their fathers — a proportion that leaps to nearly 70% for the highest-earning dads, according to a study of Canadian data by Miles Corak of the University of Ottawa and Patrizio Piraino of the University of Cape Town.
Underlying reason ?
Parents, particularly high earners, can influence sons' or daughters' job choices by offering contacts and knowledge of particular employers, the researchers say.
( Methinks : Social Capital works everywhere & yields ROI . Forms of social capital change, from country to coungtry, base on culture )
Source: The intergenerational transmission of employers
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