Should you tell your friends how much you make?

Reveal income if your income is equal to the median income of your peer group (industry, level, experience) up to +15% over. If you are making any more, then it's probably best not to reveal and speak in generality. Any income below 115% of the median income of your peer group is fine.

Is it okay to tell friends your salary?

"Yes, you can most certainly talk about your salary and what you make; however, my advice is to keep that info to people you know, love and trust," Swan adds. There are legit reasons to take the salary talk out of the shadows, especially in the workplace.

Is it rude to tell people your salary?

While it's not technically illegal to discuss your salary, this talk could damage your workplace environment and get you in trouble with your employer. There are a few situations where it might make sense to talk about your salary, but you should handle them delicately so they don't backfire on you.

Is it rude to talk about salary with friends?

Discussing Salary

It's rude to ask how much money someone else makes, and it's also rude to share how much money you make (unless there is good reason to do so, i.e. someone is looking for a job in your field and wants to know a typical salary range). “This can make people feel uncomfortable,” Porter said.

Should you tell someone how much you earn?

Although being open about pay might be good for us, it's a personal choice. Don't share what you earn because you want someone to return the favor. Leave that decision to them. Find out how your salary stacks up on PayScale.

Should You Tell Friends Your Salary or NetWorth

Why is it rude to discuss salary?

Discussing Salary

It's rude to ask how much money someone else makes, and it's also rude to share how much money you make (unless there is good reason to do so, i.e. someone is looking for a job in your field and wants to know a typical salary range). "This can make people feel uncomfortable," Porter said.

Why you shouldn't talk about your salary?

Conversations can evoke feelings of jealousy and inequity among co-workers who most likely are unaware of the reasons for salary differences, including education, experience and training. Suspicion, distrust and other negative emotions often result from salary discussions and seriously affect company morale.

Why do people hide their salaries?

If you are a woman or a member of an ethnical minority, you might be earning less than someone who is doing the same job. To avoid this difficult conversation, companies keep salaries secret, so no one feels discriminated or undervalued.

Is it illegal to share how much you make?

California. In January 2018, California's Equal Pay Act became the first in the country to ban employers from asking applicants about their salary history. It also requires employers to disclose the pay range for a job if an applicant asks for it after an initial interview.

Why is discussing salary taboo?

It's an outdated norm and unfair violation of our freedom of speech that penalizes women and lowers all workers' leverage when negotiating for a fairer share of company resources. You won't ask for a raise that you deserve if you don't know and can't find out that you're being underpaid.

Why you shouldn't tell your friends your salary?

If you start telling people how much you make, you're inevitably going to make people feel bad if they make less than you. And when you make people feel bad about their financial situation, you will no longer get their love and support.

Should I keep my salary secret?

Keep It Secret, Keep It Safe

"It can happen in any 'open shop' that differentiates pay for any reason [such as seniority or performance]," says Dauphinais. You could run the risk of alienating valued colleagues if they learn you earn more for what they perceive to be the same job.

How do I not say my salary?

You cannot simply say “no” and leave it at that. Rather, demonstrate that your salary history is not important because of the value you can offer the company. Say that you'd rather not disclose your current salary, as you would like to have a fair negotiation based on your skills and what you have to offer the company.

Can you get fired for telling someone your salary?

No, you cannot be fired for discussing wages at work. The majority of employed and working Americans are protected from discipline exercised simply due to protected classes, such as age, gender, race, and so forth.

Are salaries confidential?

If you have access to company wage and payroll information, you cannot share employee pay information with others unless your employer or an investigative agency has directed you to share that information. Basically, you do not have a right to reveal someone else's salary with others.

When should you discuss salary?

As a general rule of thumb, it's best to wait until the hiring manager brings up the topic. Best case scenario, a company lists the position's salary range on the job posting, and you can use that to best determine if the job and starting salary fit your needs before you even apply.

Should employees talk about pay?

Under the National Labor Relations Act (NLRA or the Act), employees have the right to communicate with other employees at their workplace about their wages.

Is it okay to ask coworker how much they make?

When initiating a conversation about salary, Salemi says it's important to let the other person know you're willing to be transparent about how much you make as well. “Know that if you're asking them to reveal their salary, then you need to also reveal yours,” she says. “It's a give and take [conversation].”

Is it legal to ask a coworker how much they make?

Here's what you need to know about discussing your salary. Employees may get the impression they're not allowed to compare pay rates or other compensation with their co-workers. But not only is it legal to do so, it's illegal for employers to prohibit it, says David Reischer, a lawyer and CEO of LawyerReviews.com.

Is it rude to ask how much you paid for something?

It can be very rude and unbecoming of the asker. It is OK to ask, though, based on two things: your relationship with the person, and if you plan to purchase that item yourself. For instance, if you see someone in a beautiful jacket, you can ask because it's that time of year and you want to get one for yourself.

Can you lie about previous salary?

He explained that while it's unusual for companies to ask for your previous salary, when they do and you lie about it, the only way they can catch your lie is when they receive the pink slip from your previous employer that clearly states how much you used to make.

How do you dodge a salary question?

Why you shouldn't ask a man his salary?

Man does not want to disclose his wages because of the fear that by doing so either he will fall in the eyes of the people who think it is too small or they who think it is too much will ask him for financial help.

Can you share your salary with friends?

Sharing salary information is protected under the National Labor Relations Act.

What to do when your friends ask your salary?

In case this question is asked by someone close to you (a friend, your family members, a close relative), then you can answer it by telling them your true salary. No harm in that.