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30 percent of employees tell colleagues what they earn

2022-05-27T13:30:30.169Z


30 percent of employees tell colleagues what they earn Created: 05/27/2022, 15:15 Only 12 percent of employees say that companies disclose salaries internally - according to the survey. Colleagues often talk to each other about their salary. © Imago A study shows that salary transparency creates trust in companies. But that is only the case for a few. In return, some colleagues reveal what they


30 percent of employees tell colleagues what they earn

Created: 05/27/2022, 15:15

Only 12 percent of employees say that companies disclose salaries internally - according to the survey.

Colleagues often talk to each other about their salary.

© Imago

A study shows that salary transparency creates trust in companies.

But that is only the case for a few.

In return, some colleagues reveal what they earn.

A study by Glassdoor shows that only very few companies disclose salaries internally - only twelve percent of those surveyed say that this is the case with their employer.

The salary is an important factor for job seekers or employees who are considering a job change.

That's why Glassdoor, a provider of information about jobs and companies, publishes the salary information anonymously provided by employees worldwide to break the taboo on the topic of salary transparency. 

However, as the Glassdoor study shows, including salary in job postings is proving to be a useful tool, especially in the current era of talent shortages that are making it even more difficult for companies to find talent:

more than a third (34%) said they would not having applied for a job because no salary was given

.

In addition, for two-thirds (63%) of workers, salary is the most important factor in deciding whether or not to change jobs - even though culture and company values, as well as good management and career opportunities are the factors that make workers happy at work. 

Salary still a taboo topic? 

More than three-quarters (76%) of those surveyed believe that specifying a salary range in a job advertisement is helpful in deciding whether or not to get a job.

However, only 52 percent knew the salary of the job they now work in before applying.

And half of the study participants (53%) believe that

not knowing the potential salary has limited their career options

While just over half of respondents (52%) agree that an employer who communicates salaries transparently is an advantage, only a third (33%) of employees feel comfortable negotiating their salaries.

So salary still seems to be a 

taboo topic

:

Only 30 percent of those surveyed have told a colleague what they earn and a quarter (24%) said that a colleague had told them their salary

.

According to the survey, an important prerequisite for disclosing one's own salary is anonymity: 42 percent of the study participants would not disclose their salary if they could be identified. 

Same job, same salary? 

However, a lack of transparency on the part of companies when it comes to salaries can encourage inequality and negatively affect employee trust:

41 percent of respondents believe that unequal treatment exists in their workplace

.

Women in particular agree here – only 30 percent of women versus 39 percent of men believe that there is no gender pay gap in their company.

As many as 6 in 10 respondents (61%) believe their company can do more to close this wage gap.

Likewise, 60 percent think that transparent salaries can contribute to more balanced payment. 

Anonymous reviews are welcome 

At 90 percent, the vast majority of those surveyed believe that the perspective of employees at the company they are applying to is important when looking for a job.

Job seekers trust anonymous ratings in particular: 73 percent of respondents find anonymous ratings from employers helpful and

59 percent trust anonymous ratings even more than those that can be identified by name

.

So when it comes to finding out what it's like to work for a particular company, employees are the most trusted source, according to two-thirds of survey participants (66%).

This even increases with age: while 58 percent of 18 to 24-year-olds trust employee reviews the most, the figure for those over 55 is as high as 70 percent.

There are also differences between the sexes: at 69 percent, a larger proportion of women trust employee opinions than men (61 percent). 

Source: merkur

All life articles on 2022-05-27

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