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Are There Unexplained Financial Rewards for the Snakes in Suits? A Labour Market Analysis of the Dark Triad of Personality

British Journal of Industrial Relations

Published online on

Abstract

The Big Five personality test is used to generate psychopathy, narcissism and Machiavellianism scores using a large UK individual level micro dataset. These scores show that high levels of narcissism and Machiavellianism can be associated with a higher incidence of employment in managerial occupations, while high levels of psychopathy are related to higher employment in the other services sector. The article finds a wage premium to Machiavellianism that is largest at the 90th percentile, over and above all productivity‐related explanations. The average hourly wage increase for a one‐point move up the Machiavellianism scale is around 2.1 per cent.