09-15-2012 11:05 PM
Job title can impact job security. The higher you are on the totem pole; the more likely you are to be let go.
An executive has a less stable job than a janitor.
Fact! I have a credit scoring text that discusses various algorithms, scoreboard design, validation, SK statistics and such.
In the UK, director level exexs have significantly higher credit risk than lower level workers other factors being equal. While they didn't have a table for US stats, I doubt it is different.
And it makes sense too.
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