In the 1980's and 1990's, early work by Max Bazerman in judgment and negotiation, Matthew Rabin in behavioral economics, and James Sebenius in negotiations was instrumental in shaping research on Human Behavior & Decision-Making.
The average American took in $44,569.20 last year, according to data released Tuesday by the Social Security Administration. It marks an increase of 3.5 percent from 2013. Still, 67 percent of wage earners made less than or equal to the average. Median compensation came in at $28,851.21 for the year, up from $28,031.02 in 2013. Despite the increase in average compensation last year, pay has struggled to pick up momentum recently.
According to this information 151 million Americans earned some sort of wages or compensation in 2011. The median wage in the US per person is $26,695. This tells us a lot since the median household income is at $50,500. Since the Census data looks at households, this data hones in on individual wage earners.ccording to this information 151 million Americans earned some sort of wages or compensation in 2011. The median wage in the US per person is $26,695. This tells us a lot since the median household income is at $50,500. Since the Census data looks at households, this data hones in on individual wage earners.