In many offices and places of business, people think discussing salaries is strictly taboo. Some are likely to feel uncomfortable with or fear retaliation for sharing how much they make.
Despite their qualms, conversations about wages can promote fairness and equality. Employers and employees alike should recognize the right of everyone to compare salaries.
Understanding the benefits
Divulging information concerning how much they earn helps those holding down jobs measure their inherent value, thus allowing them to negotiate better pay and benefits. This openness is especially necessary for identifying and addressing wage gaps that affect women and minorities. When employees are open about their salaries, it assists in the spotting of unfair labor practices. With this knowledge, earners may confidently approach human resources and demand equal pay for equal work.
Knowing one’s rights
Laws exist to prevent the enforcement of policies that discourage or prohibit salary discussions. Workers need to know they have legal protection to explore the topic freely. Employees should have no reservations about raising the topic of how much they make with colleagues.
Encouraging a culture of transparency
Bosses must actively contribute toward a culture of frankness around salaries within their organizations. They build trust and improve morale among staff by being open about their process for determining pay and encouraging everyone to talk about compensation. This not only benefits those they hire but can also improve the company’s reputation as a fair and equitable place to work.
The prerogative to compare salaries with coworkers helps to ensure everyone receives what they deserve. Only through open dialogue with peers can jobholders have confidence that the number on their wage stubs remains acceptable.