Re:Introducing Open Salaries at Buffer
by michaelt on Thursday December 19, 2013 @03:28PM
(#6937629)
If I am one on a team of 20 engineers and I want an extra $10,000 p.a. for all my colleagues, I need to persuade the company to spend $200,000 p.a.
If I negotiate for myself, I only need to persuade the company to spend $10,000.
A proven ability to keep your mouth shut could strengthen your negotiating position if you're using a quantifiable value-based approach.
Re:Introducing Open Salaries at Buffer
by warmfuzzykitten on Thursday December 19, 2013 @05:19PM
(#6938328)
How did your coworker _feel_ when he got that information? Was he happier?
Are you 100% sure that you've valued yourself accurately?
I played "show me yours and I'll show you mine" with a coworker once and he discovered that we were both working the same position but he was paid $8K less than me. The difference was that I negotiated my salary like crazy and he didn't.
Information asymmetry is the best way for companies to ensure their employees are underpaid. While it could cause a bit of awkwardness between peers, at the end of the day I think it's better to know what others are making & let them know what I make, because it strengthens everyone's position.