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It doesn't inspire much faith in article's author when its title is: 1 in 20 workers will quit if transparency laws reveal they are paid less than co-worke
by tomalpha 4y ago
It doesn't inspire much faith in article's author when its title is:
1 in 20 workers will quit if transparency laws reveal they are paid less than co-workers
and that is expanded lower down to be:
4% will quit if revealed co-workers earn more money
Maybe it's all otherwise true and accurate, but it raises a warning flag for me about how good their methodology might be.
- grardb 4y agoI might be missing something, but what's the difference between those two statements? I suppose that given the first sentence, you could argue that the number of would-be quitters would be different if they learned their coworkers earned more money through means other than transparency laws, but I'm guessing that's not what you're alluding to.
- sokoloff 4y ago4% is 1 in 25, not 1 in 20 (which would be 5%, or a full 25% more than 4%).
- O__________O 4y agoFor clarity: - 1 in 20 is 5% - 1 in 25 is 4%
- HelloNurse 4y agoProbably just casual rounding of a quantity and its reciprocal, without realizing that 4% vs 5% is a large difference.
- deleted 4y ago[deleted]
- neallindsay 4y agoMaybe it's actually 4.48%, which would be about 1 in 22, and they rounded in opposite directions.
- iso1631 4y agoIndeed, 4.5% would be 5% when rounded in decimal, but it's 1 in 22.222 in fractional, so 1 in 20 and 5% both are valid choices with normal rounding.
- eurasiantiger 4y agoFor a company of 70,000 people, 4% leaving is 2,800 people and 5% would be 3,500.
- msrenee 4y agoIs it the people who ran the study claiming 1 in 20 is 4% or the person who wrote the article. Either way, it's a heck of a rounding error.