7 ms·
Why would you want to know what you're making compared to your coworkers? You agreed to the pay. Want more? Ask more. If you're making 2x more than your "peers
by pizzafeelsright 3y ago
Why would you want to know what you're making compared to your coworkers?
You agreed to the pay. Want more? Ask more. If you're making 2x more than your "peers" would you take a cut to equal pay?
- JohnFen 3y agoI don't want to know what my coworkers make, nor do I want them to know what I make. Too many feathers to potentially ruffle there. However, I'm all on board with the idea that people who do want to exchange this information should be free to do so without punishment from their employer.
- mym1990 3y agoThe point is that there is an information imbalance, which enables one side to have more power in negotiating. Sure I can say "give me more money" but if the employer presumes I have little information on my co-workers, they can just say no. But if I call the bluff and say, I want more money because I know a co-worker makes X, it is harder to say no for the employer, although obviously not impossible.
- pizzafeelsright 3y agoThe employer doesn't know how much you'll work, if you'll quit early or give up or make mistakes or not bother to show up. Information is missing on both sides. Contracts are open with all Information available. To that route if you're wanting to make more than the W2
- ethbr1 3y ago> The employer doesn't know how much you'll work, if you'll quit early or give up or make mistakes or not bother to show up. Knowing salary is also useful for existing employees, and in that case (in the US) the employer likely does know all of those things.
- mym1990 3y agoThis is true to an extent...but most people with a job are not looking to get fired while most employers are looking to cut costs, and from my experience most employers are just fine to spend 3 months looking for a replacement, only to pay them more(this is bewildering to me). In my opinion this kind of 'war of attrition' hurts both sides and is a sub-optimal option.
- ethbr1 3y agoKeeping employees from discussing compensation is the easiest way for employers to undercompensate employees (and avoid keeping pace with the market).
- pizzafeelsright 3y agoThe market is the average and the market is always open.
- gopher_space 3y agoI’m trying to minimize my labor while maximizing my income, within a system designed to produce asymmetrical information.
- pizzafeelsright 3y agoYou're trading your skills, time, and experience without taking the risk of capital and legal risks.
- ToValueFunfetti 3y agoSure, and we're trading it for money. If the question is "why would you want to know what your coworkers make", the answer is "so I can leverage that information during negotiation for more compensation". If the question is "why wouldn't you want to optimize for your employers' ROI, considering they take on all of the risk", then I wonder why you suggested it would be absurd to take a 50% paycut.
- gopher_space 3y agoLike everyone else in the Limited Liability Corporation? Doesn’t that make me wise?
- peteradio 3y agoBecause you don't have a clue what the market will bear.
- sakjur 3y agoThe company cares enough to try to (illegaly) keep that information advantage. If I’m paid twice that of my colleagues, I’d want to support them (unless they’re detrimental to my job satisfaction) in getting paid more so that they’re less likely to be recruited away purely for financial reasons. I’d also be concerned about the future projection of my own comp.