Massachusetts recently passed a law that prohibits employers from asking job applicants about what they've made previously. An employer will typically say, not what have you made, but what do you expect to make? And so I think with that in mind, an employee might respond is essentially to think about choosing the highest salary possible conditional on still being accepted for that job.
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.