They say you can’t put a price on friendship. But last year researcher Nattavudh Powdthavee did just that. He suggested that having a friend you see most days – at work, for example – has value to the equivalent of a $138,000 pay rise.
According to Jane Garner, author of It’s Who You Know: How a Network of 12 Key People Can Fast-Track Your Success, the colleague who has brought six-figure value to your life is typically one you met early on in your career, most likely in your first ‘proper’ job.
“We often find it easier to connect with people who have the same knowledge, background or work focus as us. We tend to be drawn to clusters of sameness,” she explained in her book.
“When we start working in a new job or role, we mix mainly with co-workers in our department or those at a similar seniority to us.”
This “sameness” is most present at the bottom of the ladder, before your network begins to diversify: “As we stay longer in a company, opportunities arise to expand our network simply through promotion and tenure. We may be thrown into roles that force us to collaborate with other departments or companies. We may work with virtual teams including people based interstate and overseas.”
It’s also before the competition begins. When the stakes increase, workplace relationships become more fraught, more complex – especially for women. As researchers Katherine Crowley and Kathi Elster argued in their book Mean Girls at Work, “While men tend to compete in an overt manner – jockeying for position and fight to be crowned ‘winners’ – women often compete more covertly and behind the scenes.”
If a colleague isn’t a friend, do you still have to chip in for their pressie? (Post continues below.)
The friendships that a person forges prior to that, while within that bubble of professional parity, are therefore likely to be among the strongest and most enduring they’ll encounter in their adult life, Garner argues.
