Summer Olympics: Cash For Gold by Emolument.com
With the 2016 Summer Olympic Games upon us, we wanted to know if there was a link between the number of medals won and the level of pay in those countries
Emolument.com has analysed 6,731 salaries of IT professionals in 21 countries and correlated them with the number of medals won in the 2012 games. The salaries were used as an indicator of a country’s economic prosperity. We also compared the monetary reward per gold medal with the salaries of 2,974 front-office VPs in Investment Banking. There are strong correlations between medals won and salaries, even though other historical factors and incentivising strategies add a layer of complexity to the analysis.
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