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Why Talking about Money at Work is Dangerous

Eat Your Career

Some career advisors suggest that we should all share our salary details with one another to help promote pay equity. I don’t think we should openly discuss salary at work. When we talk about specific numbers, it immediately causes comparison and presumption. There are many, many things that influence salary decisions.

Salary 147
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Exploring the gender pay gap in Germany: a closer look at salary inequality

Workplace Insight

The analysis shows that women, who make up 44% of the participants, earn an average monthly salary of 2,329 euros for full-time work. In comparison, men, representing 53% of the respondents, earn an average of 2,820 euros monthly for full-time work. Government policies and regulations also contribute to salary inequality.

Salary 52
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Workplace Happiness Is at an All-Time High—But There’s Still Room for Improvement

Success

By comparison, in 2010, after the Great Recession, there was an all-time low in satisfaction rates, at 42.6%. A gender ‘gap’ in satisfaction Like many things in the comparison between men and women at work, everything isn’t equal, including the satisfaction rate. The results show just over 62% of U.S. in the previous year.

Policies 240
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Furthering Your Education on a Budget

Success

If you only have a vague notion of how much your salary stands to increase before beginning this work (or haven’t considered it at all), take some time to do so before you formally sign up for anything. Ask yourself these questions: What is your ultimate goal (promotion, raise, more knowledge, all of the above, etc.)? Keep learning.

Budget 300
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The Right Way to Share Problems at Work With Your Boss 

Success

There are numerous reasons employees might not speak up at work, from fearing backlash from bosses in charge of their promotions and salary to worrying about how it will impact their reputation. Just as you would negotiate a salary with comparisons, it is important to highlight data that could benefit the implementation of your idea.

Health 265
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Three quarters of people who left their pre-covid employer now want to go back

Workplace Insight

Come 2023, and these pay rises now pale in comparison to the rising cost of living and inflation – with those new starters who were offered inflated salaries being much less likely to have received a pay increase this year. It appears that workers are realising that the grass may not have been greener after all.

2023 52
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Outsourcing Services to Virtual Staff: Is It Worth It?

Productivityist

By comparison, a regular office employee will cost on average $20 per hour and are entitled to government and company mandated benefits. The estimated cost of a regular employee including benefits is equivalent to one-and-a-half times the basic salary. Thus, they are not entitled to benefits. Increase productivity.