Partner told us to be careful about sharing our salaries with each other. Says we may find out someone’s getting paid more than us but we don’t know what their production is like. I officially spat out my kool-aid.

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My colleague and I shared our salary and upon learning, both negotiated for a raise because...equity 😅 knowledge is power. Share those numbers!

likesmart

Agreed! I think it’s okay to share as long as we feel comfortable and trust each other. In your case, it works in your favor. That’s why companies don’t want us to know. 😂

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Bad luck mate, you’re getting paid the least.

likefunnysmart

I’m sure I am, but also this was at an office wide meeting

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Hahahaha that's the whole point

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Lol my firm does this too - salary is v confidential so we can be ‘collegial’ and ‘collaborative’. I’ve learned that this only helps them (the firm).

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I was told the same thing today. My partner said in his generation, people don’t discuss openly abt how much they made. He told me to be careful about what I hear, my friends/coworkers can inflate the number so what they “actually” receive is less than what they tell me. (Really?) I thought we were trying to be more transparent in salary bands and having open conversations about how to make it fair for everyone but I was wrong.

likefunny

Lol He said kids nowadays talk. And that when I know I can’t argue with this person.

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Capitalism 😍😍😍

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Lol. When I worked at a brokerage firm our production numbers were put on the refrigerator in the lunch room every week. We all knew who was doing good and who wasn't.

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Sounds like a well-coached partner if he used the phrase "be careful" rather than instructing you not to.

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Clearly these aren’t L&E lawyers - you’re in ULP territory under Section 7 of the NLRA (I’m assuming you’re not a supervisory employee). Agree with the person who said the partner was smart to say “be careful” instead of “you may not” but likely the Board would find the statement to have a chilling effect. But as usual, the law is unhelpful for the situation - sounds like not the best environment.

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I got this when I was a junior associate at a big firm back in 2008. Because I was a “star” my pay was “only” cut 10%. Other was six ages say up to 30% pay cuts. The head of my practice group told men it to tell anyone, but my colleagues all found anyway. A few people were pissed at me, but I just said “I didn’t cut your pay.” And refused to apologize.

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Time to update that resume!

likesmart

Most places are like this unfortunately

likesmart

https://www.big4transparency.com

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Lol, knowledge is power. Share away and thank NLRA section 7 for it. It’s the only way to gauge the “market” of black box comp.

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One of the thing I love at BCG is how transparent the salaries are. I know how much all my friends make without needing to ask them.

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Hey, it’s not a union.
Take care of your own salary. Fight for what you think you’re worth and be happy when you get it

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Here is your partner OP.

likefunny

Absolutely discuss your salary. Apply for jobs elsewhere to. That's the only way to learn your market value. Anyone who doesn't want you to discuss it doesn't want you earning more.

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AKA you may find out someone gets paid more and works just as hard because their supervising partner is a better business person and gets better rates or realization from the client, which I suspect happens more than most realize

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The only person that benefits when employees don't share salaries are the bosses. Share your salaries, and, if you find that you're paid less, go and action it. Whether that be through a raise or jumping ship

likesmart

I’ve never understood this. If they want to use salary to incentivize, don’t associates have to know what to do to make more?

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