Salary Transparency – Good or Bad?
There’s a new trend going around called “salary transparency.” And it’s just what it sounds like… People openly share what they make in their jobs. But, the question is, is this a good or a bad thing?
For one Colorado tech worker, it was definitely a bad thing. She shared a video on TikTok about her $20,000 raise. This ultimately got her fired from her job. Once her employers found out about the video, she was let go from the company. The company questioned her judgment as an employee.
To Share or Not To Share?
While many are sharing their salaries on TikTok, there are different perspectives. One server said she feels it’s empowering people to get paid what they deserve. In the YouTube video (below), one comment points out that companies don’t want salary transparency because they stand to lose when you know your worth.
I was raised to never discuss what you make with anyone. Honestly, I’d never really thought about why we weren’t supposed to. But now I’m trying to see from both sides. While it can be empowering, it can also be deflating. What if you find out you make less than your coworker, who does the same job?
Keep It To Yourself
Of course, there’s always been the topic of men making more than women. So I can see where companies don’t want employees discussing for that reason. But if a man and a woman are doing the SAME job, for the same amount of time, and are equally as good, why would they not be paid the same?!
Personally, I’ll continue keeping my financial business to myself. But according to the video, the younger generation is way more open about it. And I also feel after COVID, many are realizing they are overworked and underpaid. Many are wanting to find careers where they feel rewarded accordingly. I can’t say I blame them.
