Simply just curious, but do you think it’s okay for colleagues to discuss salary or is that too personal? And if asked, would you disclose your salary or no?

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Of course, discussions are good. Otherwise you'll have more biased pay situations and discussions will help avoid this. Although, some employees may come to find out they are underpaid due to their poor performance or just others performing extremely well. Transparency is key

likehelpful

Not discussing salary only helps management. The more information you have the better when you negotiate, so it’s best to share salary info with your peers. Corporations and partners profit off people thinking they shouldn’t discuss salaries!!

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10000% not discussing salary only contributes to the culture of non-transparency.

likehelpful

HARD agree, I always try to (gently) discuss salary with my direct colleagues and occasionally coworkers one level above me to make sure that both they and I are being paid fairly. It's a legally protected right of employees to discuss salary, the only people who benefit from this being "wrong" or "taboo" are employers - as such, we absolutely should not allow them to shame us into being taken advantage of.

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Your direct coworkers should absolutely know. You need relevant comparables. Sure you can get it off the internet…. But it’s still the internet 😂

likehelpful

Yeah I find Glassdoor to be unreliable

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Never had any issue talking salary if someone asks. I won’t broadcast it in general but I see no benefit in keeping salary secret.

likehelpful

I find it a wired taboo that salary isn't discussed. I speak from multiple perspectives, first I advise students that are still in college (I was a RA for freshman and I'm still in communication with them, I graduated 2019). Second it's a benchmark, for those I work with, there are people my level that make more than me, and there are people that make less than me. What people fail to realize is that it's not a competition. It's never a fight between me and you but an understanding of unfortunate/fortuane circumstances. I openly tell my mentees and coworkers my level how much I make. I tell them why I make less than some people and more than others. I want them to be aware and attentive to the decisions they make

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For sure. But I want to always be aware of the competition, not shadow box

my parents don’t know my salary. no way i’m telling my coworkers. there are plenty of public boards they can use to find comparables

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A partner told us not to discuss compensation, but it turns out it’s illegal for firms to prevent us from doing that so the partner called HR and apologized to everyone 😂😂😂

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for me it's a no - not even my parents/family members know. Just my preference - likely how I was raised that it was considered tacky to discuss money

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CR2- using tacky was not the best - should have said in poor taste. Transferring financial knowledge and sharing what you actually earn are 2 very different things. I consistently have discussions about finances with family and anyone else who wants to learn from my mistakes and successes. Telling anyone my actual compensation - no way.

likesmart

When I and a few others found out that experienced hire seniors were making 20-30k more than those internally promoted we dropped and left for 20-30k more.

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I’ve discussed my salary with coworkers before. You’re all doing the same job. It’s only fair that you have the same pay range

likehelpful

It’s definitely a generational thing. I remember asking my dad how much money he made when I was like 6 and he got super offended and told me you should never ask someone how much money they make. He wasn’t there for long after that due to divorce so I guess it was never instilled into me. I generally don’t ask people how much they make because I don’t usually have a reason. But if I do want to know I will ask and if anyone asks me I will tell them.

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I don’t say because I feel like I am probably making less than my peers and don’t want to embarrass myself, and I am not good at negotiations, so what would I do with that info? Plus what If the other person is lying?

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There will eventually be a salary difference that will upset you enough to either ask for more or leave your firm. If you don’t want to negotiate a $5k difference, I get it since external hires are paid about 10% more than a loyal employee at the same level. For me, once it’s 15% or more, I’ll either look for a new job or bring it up to leadership to explain the variance. Leadership doesn’t just give raises just because, they need a reason.

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Personal preference at the end of the day, but in US culture it’s not personal, most people find it need to know info as we want to be sure we’re getting paid fairly

likehelpful

It depends on your relationship with the person, but in general I don’t discuss salary with coworkers.

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I'm curious to know why. I'm very open with my salary and think it contributes to a better work environment

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It’s a taboo topic but we really should share with our colleagues. Otherwise we are working against each and the company wins. It will likely never really happen but one could hope.

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Yes I do! In fact, two of my coworkers & I were recently “mapped” to sectors outside our office even though we still work on the same clients, and we found out everyone still mapped to our office received a $5-10k bonus, which we were left out of. We all still live near our original home office, so it wasn’t any WFH salary adjustment … it was literally an arbitrary mapping due to ONE client that overlapped with another region. If we didn’t talk about our salaries with our coworkers, we wouldn’t have known and likely wouldn’t have gone to the partners about this. $10k was more than my performance bonus as a senior, so yeah… I definitely cared about that.

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Yes! Used to think it was personal but recently learned I’m grossly underpaid from knowing what a colleague makes and have a benchmark for going into the new year. It’s definitely changed my philosophy on this for transparency. I thought our numbers were closer - my assumption was wrong.

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No issue discussing it but everything has to be taken with a grain of salt. Also leads to discussions about ratings which will create differences

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Yes I think it’s ok, because we a transparent society with Glassdoor, Reddit, big4 transparency, fishbowl. Also I want to know if my salary is somewhat similar. People that don’t like to discuss salary are usually people that hold a job/salary on a pedestal. Please discuss salary amongst your peers for your own benefit!

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Highly recommend discussing salaries. Helps you understand if you're being underpaid and if you should be looking for an out.

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