Does Your Paycheck Have Bragging Rights?

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Posted June 20, 2012 by Marcy Twete in Life After Five

You just got a raise, and you want to jump up and down and shout it from the rooftops. You probably call your spouse or your Mom and tell them how awesome you are, all the great things your boss said about you, but then……what about your work friends? Do you tell them Do you keep your mouth shut? They should support you, right? They should be happy for you, right? Or will they? The big question here is: should you ever brag about your paycheck to your colleagues?

The answer….it’s complicated.

Forbes contributor Catey Hill answers this question in her recent article “Is It Ever OK to Dish About Your Salary to Coworkers?” Hill consulted some career experts who came up with the following scenarios where it’s alright to share your salary.

1. You’re fairly sure you’re underpaid (and you truly trust your co-worker)

2. You suspect everyone is underpaid

3. Someone leaves or gets promoted

I agree wholeheartedly, especially with #2. If you know your company is paying everyone terribly, it may help to know what everyone around you makes to ensure you’re aware of industry standards and company standards.

I would invite you to consider talking salary more often with your friends both inside and outside your office. If you never talk dollars with casual colleagues, how will you ever really know what you’re worth in the real world of interviewing and job offers? Salary.com is great, but it can’t tell you about your next cube neighbor. But ultimately, it’s up to you. Check out the full explanation at Forbes.com and Catey Hill’s article linked above.


About the Author

Marcy Twete

Marcy Twete is the author of "You Know Everybody! A Career Girl’s Guide to Building a Network That Works" and a career expert who believes in order to be empowered in your career, you must be surrounded with resources and a network that both supports and challenges you. Marcy began her own networking journey as a professional fundraiser in the nonprofit industry, honed those skills as a fundraising consultant, and in 2012 networked her way to nearly 1 million readers as the CEO of the professional development website Career Girl Network.

2 Comments


  1.  
    Katy

    I find the social taboo against talking about money to be very frustrating. I think it is harmful, and one of the potential reasons that employers can get away with paying women less. As far as I am aware, it is currently legal for employers to retaliate against employees who talk about their salary with other employees, although paradoxically it is not illegal for employees to disclose their salary to others in the company.




    •  

      Wow! I didn’t know that employers could do that. So ridiculous. I agree with you 100%. I think talking openly about money is what will bring women to the next level in this pay disparity problem.





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