Dive Brief:
- Sixty-five percent of U.S. professionals want to ask or already have asked a colleague how much money they make, according to the results of a survey by ZipJob, a resume-writing service, released Wednesday.
- Of the 350 professionals surveyed, only 28% said they would be insulted if they were asked about their salary, the survey found.
- “In this post-pandemic world, there’s a cultural shift toward more vulnerability and openness in various aspects of life, especially in the workplace,” Amanda Augustine, ZipJob career expert, said in a blog post. “Millennials and younger generations, in particular, often prioritize transparency and value workplaces that are forthcoming about policies, practices, and compensation.”
Dive Insight:
As salary transparency laws crop up across the country, workers, too, are welcoming the change.
All generations of employees in the workforce rank lack of salary transparency, along with unclear or unreasonable job responsibilities and poor communication with a hiring manager, among the top reasons they would withdraw their applications from open roles, a June report by talent solutions and business consulting firm Robert Half found.
Similarly, 80% of respondents to an August survey by ResumeLab, said they were unlikely to apply for a role if there wasn’t enough information shared about the salary range, and 77% said it should be illegal to exclude salary from job ads.
And companies are taking note. Half of the U.S. job postings listed on Indeed in August included some salary information provided by the employer, the highest percentage recorded on the site yet, according to a report by Indeed’s Hiring Lab.
