Is Sharing One’s Salary Data with Co-Workers OK?

16 May

Many (most) companies frown on their employees sharing their salary information — to avoid jealousy and possible legal complaints. Some firms even have explicit policies that prohibit sharing such information (even though this is typically illegal).

However, the times are changing. According to Lauren Weber and Rachel Emma Silverman, writing for the Wall Street Journal: “Comparing salaries among colleagues has long been a taboo of workplace chatter, but that is changing as Millennials — individuals born in the 1980s and 1990s — join the labor force. Accustomed to documenting their lives in real time on social-media forums like Facebook and Twitter, they are bringing their embrace of self-disclosure into the office with them. And they’re using this information to negotiate raises at their current employer or higher salaries when moving to a new job.”

In their article, Weber and Silverman summarize several tips on how to behave.

Click the image for a video clip.

Illustration by James Yang

 

2 Responses to “Is Sharing One’s Salary Data with Co-Workers OK?”

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