Sorry for the copy/paste, but they explain it better than I could.
KUSA - Career website TheLadders.com recently conducted a study to see if the names mothers choose for their children dictate future success in the workplace.
Turns out, they do.
TheLadders.com says it first analyzed data around first names from the company's nearly 6 million members against variables such as industry, salary level and location.
"We wanted to prove the null hypothesis that what your mother names you makes a difference," the company said.
"Doing a simple linear regression, it looks like every additional letter added to your name (after five letters) accounts for a $3,600 drop in annual salary. One exception is names with seven letters, like Stephen, but closer inspection showed that seven-letter names lend themselves to males over females, so it's higher paid males over-indexing and inflating the seven-letter bucket."
The site also looked at nicknames.
Steve earned more than Stephen, Bill earned more than William, Debbie out-earned Deborah, Chris earned more than Christopher, and even Sara made more than Sarah.
Of 24 pairing, only in one case -- Lawrence vs. Larry -- did the longer name win.
The conclusion, TheLadders.com says, is that it DOES make a difference what your mother names you.
"So, to all prospective mother, our advice is to keep Baby's name short and sweet -- your child will thank you when they're raking in the money one day," writes TheLadders.com blogger Daniel Bronyn.