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Do you tell people how much money you make?

Employees who earn less money than they feel they're worth are more likely to share salary information with friends, family and co-workers. Meanwhile, those on the higher end of the pay scale are more likely to keep quiet about it.

This according to anecdotal data from more than 150 people who responded to Marketplace's Public Insight Network query asking how comfortable they feel talking about talking about their income.


Are you comfortable telling others how much money you make? Share your stories through our Public Insight Network.


"While I don't bring it up voluntarily, my salary is a matter of public record," writes Cristobal Palmer of Carrboro, N.C. "I can't hide it from friends and family if they want to look it up."

While some employee pay is a matter of public record, the idea of making your salary public remains one of America's remaining taboos. But it also depends on who you ask and who they'll tell.

As you might expect, the majority of respondents said they are comfortable talking about salary with family. Their comfort level declined when you when it came to friends. And only a small portion say they'll discuss salary with their coworkers. Answers also varied when you sorted the responses by age, income and level of education.

For Jeff Bray of Sioux Falls, South Dakota, the question is easy: "Yes. It's not enough to hide, believe me."

As with Bray, pride plays a big role in disclosure, both as a reason for revealing salary and for keeping it secret. Becky Greene, of Evanston, Ill., wrote to us to say that she doesn't usually talk about how much she makes. "I do not think it is polite to discuss income," Greene wrote. "I do not want them to pity me for how little I make."

Conversely, Hallie Espel from St. Lousi Park, Minn., said her low income is why she's happy to share the information. "I make less than all of them [my family and friends]," Espel wrote. "I think if I made more than my friends and family, I'd probably be less likely to talk about it."

For others, being open about salary is an important tool for ensuring equality among employees. "When I was working, we didn't talk about our salaries, stock options, and/or bonuses. The topic just was avoided," writes Patricia Clark of Millis, Mass. "Once, when I was teaching at a University, we shared salary information in the faculty lounge. I discovered that I was way underpaid."

The issue of equality was a common thread in a number of respondents who said they don't share their salary.

"I think it's particularly important for co-workers to talk about salaries because there are lot of inequities," writes Deborah Woolston, of Bremerton, Wash. "I grew up and worked in the era of gender inequality and silence."

Woolston's response was echoed by Kathleen Garness, of Forest Park, Ill. "Before I opened my business, one of my co-workers told me how much she was making. We were basically doing the same work but she had several years' seniority. I was actually surprised that she wasn't making more," Garness, writes. "At another workplace, there were really large disparities between the salaries of the men and women of equal rank and approximate seniority in the accounting departments; when word leaked out about that several women left for better positions."

 

Tell us how you feel about disclosing your salary to family, friends and coworkers. Post a comment below.

garydpdx's picture
garydpdx - Aug 26, 2012

@nelson - there's a great site called Glass Door that is compiling salary information from its users ... the price for being able to view its information! :)

I only disclose my salary to my siblings and to my significant other. The latter for obvious reasons. With my siblings, we contribute to family costs (including help for our parents) so we work out a combination of money and labor, proportional to our means.

nelson's picture
nelson - Aug 25, 2012

The only way not to work for less than you're worth is to know what you're worth. And the only way to know that is by knowing what others doing similar things are making. So I come down on the full disclosure side.

bingonis's picture
bingonis - Aug 25, 2012

My wife and I have often found ourselves wondering...how are other people making their finances work. We wonder if we are over paying for child care, groceries, dinning out etc...

As mentioned in the article this is a difficult subject to broach. Occasionally someone at a dinner party will declare some information about their financial situation and I find it refreshing. Typically these conversations don't go very far, but I wish they would. We are all trying to make it and it would be a huge help to be able to learn from others in similar situations.

I'm not sure why the subject of income is such a taboo and the only people who feel comfortable talking about are those who feel like a martyr.

We are a country of financial misfits and having an open dialog about income and finances in general would be the first step in improving our understanding of our own finances.

khseymour's picture
khseymour - Aug 24, 2012

I found your story to be tasteless and crude! In the 23 years I have been a freelance and journalist and media consultant, I have never, and would ever except such an assignment. I am only 45 years old, but was reared never to boast about how much I make, or to inquire about how much some one else. I also now work for a major life insurance company, and when we ask that question for the purpose of a financial needs assessment, we have to sign a paper promising not reveal such information. Have we as a country, and our journalism industry become so arrogant and crude, that we have to do stories in which we have to expose people's financial vulnerabilities. I suppose you people also allow your children to go up to other children and brag about how much you make. your story was nothing less that TACKY. I do not know with whom to be more appalled. you for doing the story, or the people who agreed to take part in it.

isham.padron's picture
isham.padron - Aug 20, 2012

I'm not afraid to tell people what I make. I've always wondered what others make and really enjoy talking about taboos.