Transparency at the Office: Psst...This Is What Your Co-Worker Is Paid
online.wsj.com
online.wsj.com
It was a delicate survey and required a fair bit of rapport building, and lots of 'I need to remind you that the next question is voluntary'... but we were still getting plenty of respondants, and the weird thing was that despite being a (relatively) anonymous stranger with which you have just shared some sensitive, deep secrets about childhood abuse, the question that most balked at was the 'income level' question in the demographic rundown at the end.
I don't agree with this mindset at all, mainly because I don't believe most organizations are truly meritocratic in any objective sense. It's a good PR story, but people, evolutionarily, tend to "look out for their own", for whatever traits puts someone in that in-group. I have seen many examples of people espousing meritocracy but clearly considering those with the most "merit" as being one in the same with "those they already seem to like", coincidentally enough. That isn't necessarily a bad thing, with balance. I think a 100% meritocratic org would be lacking in basic humanity and kind of a terrible place to work. All humans make mistakes, have struggles, have setbacks, etc...
Even with that being said, and me not believing in the income -> value/worth link in general, I would not be comfortable talking about my salary with most friends/family. I live a comfortable life with little stress about money, but bragging about that (which even trying to downplay it sounds like a humblebrag) seems wrong somehow.
On the other hand, in countries like India where salary is usually the third thing a complete stranger asks you about have a strong sense of social hierarchy and see frank discussion of income differences as an important part of establishing where they sit in it (and their potential for moving up). Meanwhile, I wasn't even mildly curious about how much they earned relative to me and their peers because it wasn't going to affect my perception of the conversation in the slightest, but was a little embarrassed that I could afford to spend months travelling in their country without having to do much to earn the privilege and a salary I'd been unhappy with was usually a large multiple of theirs.
I always viewed the "that decision was made above my paygrade" as mildly sarcastic in its implications.
In my family, it was always taboo to talk about money --my father hardly ever discussed money with friends (that I recall). So it was instilled in me that "money-talk" was somewhat "vulgar". To this day, I can only guess my siblings' fiscal positions.
On the other hand, when I lived in the East (Asia), people there openly talked about money/salary, etc. It was one of the acceptable topics at personal intrductions, in addition to where are you from, what do you do and have you eaten.
So, I think it's totally cultural.
My wife doesn't even have any idea of what I make ;-)
I'm kinda disappointed (who doesn't like to know?) but also not very surprised that it didn't work out. Negotiation doesn't work super well if the other players have complete information about your strategy.
[1] http://web.archive.org/web/20100722162634/http://rethinkdb.c...
Law firms manage to pull this off with a standard $160k base, and probably something similar works in other spaces?
Economist's point: perfect markets don't work if anyone has restricted information. Employees can't sell their labour at the market rate if they can't see every other salary in the economy... :)
Position | Salary | Stock Options
———————————————+———————————————+————————————————
Intern | 50K - 60K, | prorated N/A
Engineer I | 70K - 80K | 0.25% - 0.75%
Engineer II | 85K - 100K | 1.0% - 1.5%
Engineer III | 105K - 125K | 1.75% - 2.25%
Your highest-level engineer makes only twice as much as your intern (stocks are worthless, on average). That makes zero sense to me. True senior level engineers are dozens of times more productive than interns, make infinitely fewer mistakes, and know infinitely more. To max out your engineer salaries at 125K in Mountain View, CA is just crazy. No surprise it didn't work out.First, interns at big-name tech companies are highly overpaid for the work the company gets now; it's seen more as a hiring cost than a salary. The company pays ~$50k (~20k is three month's salary; add in housing stipend, taxes, and overhead) per intern in the hopes that a decent proportion of them will be back. Those that are back are solid engineers that are known quantities; false positives should be much more rare than in your general hiring process because you get to see them work in your company for three months before deciding whether to make a full-time offer. Given how hard and expensive engineer recruiting is, this is an ok deal for a lot of companies. But regardless, comparing to intern salary isn't meaningful because few companies actually believe that they are paying for what the intern will produce in their three months when they pay top dollar for elite interns.
Furthermore, while higher salaries are certainly available, those salaries don't seem absurdly low for the stage of company they were (tiny staff, no product released). Most companies at that early of a stage do expect employees to accept a nontrivial cut from their market rate in return for more interesting work, more autonomy, and fairly significant (if high-risk) equity.
To me, it reeks of manipulation feels just like saying to a child "Here's some candy, but you have to promise not to tell anyone I gave it to you, OK"
ugh.
edit: To be more clear, you can talk about it with friends but not with your colleagues.
The other interesting thing is clause about installing not approved application on your laptop. Everybody does it - your favourite editor, messenger, file manager etc. But when they want to fire you, they say that you've broken the rule and you're going to be sued unless you agree to leave company immediately without any punishment.
Of course it also helps the company get an unfair advantage in negotiations, but it does have a social purpose too.
I understand why employers would want to disincentive salary disclosures but employees? Your peers salary is clear indication of your valuation to the company and there should be every incentive to share. Back home in India, pretty much everyone knows each others salaries for all sizes of companies.
Yes, as long as you consider your career to be an extension of your penis.
This does seem to be a popular point of view in English-speaking countries.
Special agents can still share what they do with their co-workers. But there are certain risks such as your co-worker being a spy.
And, we build our ego around our salary and bonuses. Exposing those numbers is quite embarrassing. And, knowing my salary is none of your business. You can tell me yours, I'd retweet it.
I now work for a place where I'm told to never talk about my salary, yet 5 members of the (very small) company were invited into my salary review.
I often think that the more they stress to not talk about it, the more likely it is I'm underpaid compared to my coworkers.
With the exception of starters and a few semi-autistic outliers, engineers that have no idea what they're worth generally aren't the best of engineers. Not asking for it however is a different matter.
People are socialized to try to make others happy, not inconvenience someone by asking for more than they feel is necessary and fair, etc. This does not speak to their competence, though it might also mean that they're less effective at making you realize how competent they are once you hire them (because they're also the type of people who don't flash all of their accomplishments in front of you).
Women also tend to fall into this even moreso because of gender socialization.
I also think the idea of scheduled raises breeds a sense of complacency.
Reminds me of a less-complicated general schedule salary table: http://archive.opm.gov/oca/12tables/html/gs.asp