The idea behind this is that women who have stepped out of the labor market for some period, their most recent salary might be lower than an equally prepared male. And so the idea is sort of, you know, to keep this from being persistent. If they have enough, if a female candidate who had a lower past salary has enough information to know that they shouldn't just ask for the typical 10% higher over their past salaries.
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.