Nicole Torres: You have to prepare yourself for hearing that you make way more than someone you consider your peer. Amy Gallo: I think sometimes you just have to ask a lot of questions. What are our salary vans? Where, why am I in this band? Why am I in that band? Nicole Torres: All of our experts agree, having information is important to negotiating a salary.
One of the primary reasons we work is to earn money, but many of us feel uncomfortable telling others how much we make. This fear may be working against women, because research has shown that salary transparency can help narrow the gender pay gap.
With the help of experts, we explore the complexities of talking about our salaries. First, an economist walks through the pros and cons of disclosing your pay. Then, the host of a personal finance podcast explains why she encourages people to speak openly about salaries. Finally, an HR executive gives advice on how to deal with the gut punch of learning that a peer makes more than you do.
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Our theme music is Matt Hill’s “City In Motion,” provided by Audio Network.