Why do people think it's okay to tell everyone how much money they make? I have a handful of friends and acquaintances who see nothing wrong with talking about salaries, and it makes me think that it's just how you're raised. Maybe no one ever told them it was rude?
Friend: I got a new job!
Me: Oh wow that's awesome, congrats!
Friend: I'm not sure when the start date is but my starting salary will be $xx a year! Plus awesome benefits!
Me: Oh, nice.
Friend: And then when I am there for a few months I will try to negotiate my salary for a little higher. Someone I know who works there has been there for two years and now makes $xx a year.
Me: (nodding) Cool.
Please don't do this to people. You're being a jackass and making everyone uncomfortable.
Re: Salary talk
I kinda wish our society was a little more transparent about wages, it would cut down on a lot of the wage gap between men and women as well I think.
Ugh, I agree, salary talk makes me soo uncomfortable! I was raised with the attitude of "it's crass to talk about money," and sorry but I think in a lot of situations it just is.
My friends and I always talk/ask about what people pay in rent, but that's because I live in a bigger city that is notoriously expensive so it's more of a conversation topic than being nosy, if that makes sense. And we'd never ask a stranger/acquaintance about that stuff.
I find it so hard to divert the subject when I've been asked about this in the past, I don't get how people think it's appropriate?
The only people who know my salary are my BF and my dad. I haven't even told my mom because she's nosy and can't keep quiet about anything. (She'd also use it against me to guilt me about things-"why can't you spend the money to come visit me, I know what you make," "why are you wasting your money on taking trips," etc)
Formerly martha1818
This, My parents know what I was hired in at and H knows. I have a friend who is looking for jobs in the industry and asked, he also prefaced with "If you don't want to tell me that's fine" and it was private and in context of our conversation. I wasn't offended and told him and since he interned at the same location he had a general idea of what you might make fulltime.
As for transparency I know my company has salaries for different areas and that's what you get starting off, no negotiating unless you're coming in with some legit experience under your belt. So I know that starting off I got the exact same off as a few friends who also got hired in the same company and department. The differences come when you get bonuses and raises based on performance.
I wouldn't go around announcing that information, it just don't feel comfortable because it makes me feel as if I'm bragging. If someone else does I may or may not side eye it depending on the situation.
FI's brothers, who are all college graduates, were making fun of him for having such a crappy job (hes a manager at a fast food restaurant) and they were like "I HOPE YOU ENJOY YOUR MINIMUM WAGE HAHAHAHA" He knocked them flat on their asses when he told them what he makes..
ETA: I worded it funny the first time.
I find it generally tacky to talk about how much you make, especially with friends and family. But just because I would never mention it, doesn't mean it bothers me when others talk about it. It's important to celebrate each others accomplishments, like a raise or promotion, and if someone wants to volunteer how much it's for, we shouldn't begrudge them.
It is important to get a sense of your market value, whether it's from Glassdoor or other people in similar positions. Even if it's uncomfortable talking about it I think it's good to know what other people at your company doing the same thing are making. You may not be able to negotiate a raise at your current company, but at least you can start negotiating higher for your next job.
But then, as my finance professor always said, it's not how much you make it's how much you save.
That said, I think numbers can be misleading. My last job had a crappy salary but I had 6 weeks of vacation (that you could get paid out at the end of the year), 15 holidays, free health insurance, a crazy 401K plan, annual bonuses, and a ridiculous number of amazing benefits. In the end, I was doing a lot better than some of my friends who were likely earning a lot more than me.
I also agree with the PPs about other financial factors. I make a lot more than DH. I also have student loans and other financial liabilities that basically make up the difference. We're in oddly similar financial positions.