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Names that will earn the most money

Harry or Leo: which name is more financially successful? (Images: Getty)

New research has revealed the baby names that are most likely to be high-earners and low-earners later in life.

It's an unfortunate fact of life that people, including job applicants, are judged based on meaningless things like their names or looks.

But now new UK-based research from online CV tool resume.io has actually quantified the prejudice, analysing the names that end up with the highest and lowest incomes later in life.

"A first name can influence personality, how we are perceived, even physical appearance according to social scientists," said resume.io writer Rolf Bax.

"So, it stands to reason it can shape our career too."

Highest and lowest-earning boys’ names

Among boys, Leo is set for a wealthy life, averaging a salary of $75,000. Arthur, with $73,000, and Oscar, with $68,000, came in second and third.

The least financially successful male names were Muhammed ($57,000) and Harry ($57,500).

The study seems to match with 2013 research at the Australian National University, which found applications from Anglo-Saxon names landed far more interviews and jobs than those with Indigenous, Italian, Chinese and Middle Eastern-sounding monikers.

The ANU study submitted more than 4,000 resumés with exactly the same education and work experience, but with different names to come up with the disturbing conclusion.

Highest and lowest-earning girls’ names

Isabella was the big winner among girl names, earning an average of $52,000 in the resumé.io study. Ella, with $51,400, and Sophia, with $50,000, came not far behind.

The lowest-earning female name was Olivia, raking in a salary of $46,800. Grace ($47,500) and Mia ($48,500) were only just above poor Liv.

Bax said that a middle initial also had a bearing on success.

"Psychologists note people perceive strangers with a middle initial as smarter, more eloquent and more qualified than those without," he wrote.

"This is perhaps because 'middle-name initials often appear in formal contexts, especially when people refer to intellectual achievements'."

Women are more likely to leave their first name in full on the resumé to sound more formal and "professional", whereas men abbreviate their given name to seem more friendly and approachable.

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