How does your personality type affect your income? (2024)

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You’ve just finished giving a presentation at work, and an outspoken coworker challenges your ideas. Do you:

  • a) Engage in a friendly debate about the merits of each argument, or
  • b) Avoid a conflict by agreeing or changing the subject?

The way you approach this type of situation may influence how much money you earn.

Today’s infographic comes to us fromTruity, and it outlines the potential relationship between personality type and income.

How does your personality type affect your income? (1)

Through the Myers-Briggs lens

The Myers-Briggs personality test serves as a robust framework for analyzing the connection between personality and income, in a way that is easily understood and familiar to many people.

The theory outlines four personality dimensions that are described using opposing traits.

  • Extraversion vs. Introversion:Extroverts gain energy by interacting with others, while introverts draw energy from spending time alone.
  • Sensing vs. Intuition:Sensors prefer concrete and factual information, while intuitive types use their imagination or wider patterns to interpret information.
  • Thinking vs. Feeling:Thinkers make rational decisions based on logic, while feelers make empathetic decisions considering the needs of others.
  • Judging vs. Perceiving:Judging types organize their life in a structured manner, while perceiving types are more flexible and spontaneous.

For example, someone who aligns with extraversion, sensing, thinking, and judging would be described as an ESTJ type.

The researchers surveyed over 72,000 people to measure these four personality preferences, as well as 23 unique facets of personality, income levels, and career-related data.

Traits with the highest earning potential

Based on the above four dimensions, extroverts, sensors, thinkers, and judgers tend to be the most financiallysuccessful. Diving into specific personality characteristics, certain traits are more closely correlated with higher income.

How does your personality type affect your income? (2)

Extroverts, sensors, thinkers, and judgers tend to be the most financially successful. (Visual Capitalist)

For instance,extrovertsare much more likely to have higher incomes if they are quick to share thoughts, have high energy, and like being in the public eye.Thinkersalso score high on income potential, especially if they enjoy debates, make rational decisions, and moderate their emotions.

The top earners

Which personality types earn the highest incomes of all? Extroverted thinking types dominate the ranks again.

How does your personality type affect your income? (3)

Extroverted thinking types dominate the ranks. (Visual Capitalist)

The one exception is INTJs, with 10% earning an annual salary of $150K or more in their peak earning years.

Personality and the gender pay gap

With all these factors in mind, the researchers analyzed whether personality differences would affect the gender pay gap.

When the average salaries were separated for men and women, the results were clear: men of almost all personality types earn more than the average income for the sample overall, while all but two personality types of women earned less than the average.

How does your personality type affect your income? (4)

Women with high-earning personality types still earn less than men who do not possess those traits.(Visual Capitalist)

In fact, women with high-earning personality types still earn less than men who do not possess those traits. For example, extroverted women earn about$55,000annually, while introverted men earn an average of over$64,000.

Maximizing your potential

Are the introverted personalities of the world doomed to lower salaries? Not necessarily—while personality does play a role, many other factors contribute to income levels:

  • Level of education
  • Years of experience
  • Local job market
  • Type of industry
  • The particular career

Not only that, anyone can work on the two specific personality traits most aligned with higher incomes: set ambitious goals, and face conflict head-on to ensure your voice is heard.

Republished with permission of the World Economic Forum. Read theoriginal article.

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How does your personality type affect your income? (2024)

FAQs

Does personality affect income? ›

Abstract. This meta-analysis examines the relationship between the Big Five personality traits and earnings. The results reveal that openness to experience, conscientiousness, and extraversion exhibit positive correlations with earnings, whereas agreeableness and neuroticism are inversely correlated with earnings.

How does your personality affect your paycheck? ›

For example, your personality — or, at least, your own assessment of your personality — could impact your annual salary. Those who self-identified as conscientious were the most likely to make at least $75,000 per year, while “highly neurotic people” were most likely to earn $34,999 or less annually.

Which personality type earns the most money? ›

Traits With the Highest Earning Potential

Based on the above four dimensions, extroverts, sensors, thinkers, and judgers tend to be the most financially successful.

What personality type has the best money? ›

Commanders (ENTJ)

They make money the foundation of many life decisions, including educational and career choices. They are the personality type most likely to equate money with influence. They reach beyond needs and extend their interest in money to attaining their wants and desires.

What personality type are most millionaires? ›

The Wealth Elite

My study also found that the rich are less agreeable and less neurotic, but more conscientious, more open to experience, and more extraverted. Beyond that, however, other key findings emerged in the interviews: The super-rich are overwhelmingly nonconformists who love to swim against the tide.

What personality traits affect your finances? ›

Unfortunately, the traits of agreeableness, extraversion, and neuroticism were associated with lower lifetime wealth accumulation. Highly agreeable people may devote more of their money to helping others and might also be more vulnerable to financial scams, whereas extroverts could be more impulsive spenders.

What personality type is most successful? ›

INTJs, often considered as the most successful personality type, go by the names Mastermind or Architect; fitting descriptions for this personality type. They're analytical, observant and open-minded. INTJs balance carefully between the big picture and the little details needed to achieve global goals.

How can your personality type affect your job? ›

Extroverts are going to do best when they are in energetic, open settings. They like working in teams, they like dialogue and interaction. Introverts are the opposite. They are not going to like open offices, and they prefer to work alone.

Are agreeable people paid less? ›

More agreeable — nicer and friendlier — men earned much less than their peers. This isn't typically true for young workers. The effect is only visible once men turn 30, and it's strongest between ages 40 and 60, according to a Harvard study.

What's the nicest personality type? ›

What Personality Types are Most Polite?
  1. ESFJ. People who fit the ESFJ personality type can usually be recognized by their big hearts and kindly manner. ...
  2. INFJ. Thanks to their ability to intuit other people's emotions, INFJs are usually very polite and sensitive. ...
  3. ISFPs. ...
  4. INFP. ...
  5. ESFP. ...
  6. ISFJ. ...
  7. ENTP. ...
  8. ENFJ.
Sep 6, 2021

What is the rarest personality type? ›

Perhaps that's because INFJ is the rarest MBTI personality type, making up only 1% to 3% of the U.S. population.1 Or maybe it's because they're walking, talking contradictions. INFJs are easy-going perfectionists.

Which personality type has higher IQ? ›

Introverts with intuition, which possess the highest mean intelligence scores, also have the highest grades: INFJ and INTJ have the highest grades for all 16 types and INTP and INFP's have the highest grade point average for all P types (Myers, 1985).

What personality type is usually the smartest? ›

All intuition dominants (INTJ, INFJ, ENTP and ENFP) score very high on IQ scales. Rationals are likely to be more intelligent than guardians. Likewise, thinking dominants (INTP and, ENTJ) also score higher than average. The more intelligent you are, the more likely you are to be introverted.

What personality type is the most frugal? ›

Defenders (ISFJ) (69%) were the most likely personality type to identify as frugal, followed closely by their Thinking-type counterparts, the Logisticians (ISTJ) (67%).

Which personality type is the most special? ›

INFJ, also known as the advocate, counselor, or idealist, is the rarest type of personality in the general population.

How do personal factors affect income? ›

Some of the factors that determine an individual's income level include education level, economic trends, and skills. The level of education has a significant impact on your future income and can expand your access to prospects within a chosen sector based on your educational level.

How does income affect personality? ›

Increasing household incomes reduce differences across adolescents with different levels of initial emotional-behavioral symptoms and personality traits.

Does your personality affect your career? ›

How Your Personality Impacts Your Career. Your personality colors your outlook and point of view. You see things based on your past thoughts and experiences, and it impacts what you believe will happen in the future. That outlook translates into your workplace and career decisions.

What personality is most likely to be unemployed? ›

ISFPs (people with a preference for Introversion, Sensing, Feeling, and Perceiving) were the most likely of all 16 personality types to report being unemployed. And INFPs, INTPs, ENTPs, and ESFPs were all more likely than average to report that they were out of a job, according to the report.

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