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Workers Are Telling Each Other Their Salaries to Get Pay Hikes

May 18, 2022, 3:00 PM

Salary, once a taboo topic in the workplace, is now being shared openly in offices and on social media among a younger generation of workers.

Empowered by the tightest labor market in decades and incentivized by skyrocketing inflation, employees are embracing transparency, discussing their pay in the hopes of getting raises for themselves — and their colleagues.

Nearly 42% of Gen Z workers and 40% of millennials have shared their compensation with a coworker or other professional contact, according to a March study of 2,449 American adults conducted for Bankrateby YouGov Plc. That’s significantly higher than Gen Xers (31%) and more than double that ...