The culture of salary transparency is gaining popularity

The culture of salary transparency is gaining popularity

(Toronto) Just a few months ago, Mo Hameed launched a TikTok account featuring ordinary Canadians showing off what they do for a living and revealing how much money that work makes them.

Posted at 17:41

Adena Ali
the canadian press

“I wanted to create something for young people, but also for other people who are progressing in their careers and who want to make sure they’re paid fairly, and just have a page where people can go and say, ‘oh, this job. It’s cool, I want to know more”, explains the 24-year-old.

With more than 62,000 followers, the account has taken off. Obviously, people are interested in salary issues.

As the cost of living continues to rise and pay gaps persist, interest is growing in more open discussions about income, which personal finance expert Jessica Moorhouse says can help ensure everyone is fairly compensated.

While it’s not just about workers, he reminds us, there are ways to create and foster a more open culture around pay transparency, through relationship building, constant dialogue, and not being afraid to ask questions.

“I’ve always found that the people who are most open to sharing about this are people of color and women, because we realize we’re probably the ones who earn less than everyone else,” says Moor.

In fact, women earned 89 cents for every dollar earned by men in 2020, according to Statistics Canada.

Rachel Wong, co-founder of career platform Monday Girl, says pay transparency is a “big topic” among her members, who are mostly Gen Z and Millennial women.

METERme Wong launched a social media series featuring Monday Girl members revealing how much they earn at work.

She notes that the series has resulted in a flood of posts from fellow members who are inspired to open a dialogue about salary expectations and negotiations, as well as managing workloads.

“Some people really thought ‘wow’ when they heard what other people were giving as salary and then ‘I’m underpaid,'” she explains. Some women worked multiple jobs just to pay their rent, and were able to recognize that they were underpaid in their main job and had the ability to make a change to make their lifestyle more sustainable. »

Start a conversation

When it comes to creating space for deeper discussions about earnings at work in particular, Moorhouse believes that having a specific goal in mind, such as getting a raise, is a good starting point.

It is possible to evoke the situation in which one finds oneself to colleagues and add what one plans to do, asking for suggestions. “And usually their answer will have to do with their personal experience, how much they earn, or what they know, or what other people earn. So it’s a different way of asking how much money they make. »

When looking for a new job or starting a career, Mme Moorhouse believes that people shouldn’t be afraid to connect with people who inspire them or have a career they care about.

Social media has opened the door for a wider range of professional relationships to experience a unique departure from what was previously possible, he says.

However, the important thing with this approach is to make sure that it is not transactional. It’s better to try to develop a relationship with the person you’re approaching than to ask for something from the start, M Moor.

“Maybe there’s a connection, a mutual acquaintance, for example, and then maybe it’s possible to make a call about something career-related. And finally, you can move forward with something like “hey, so I’m also doing some research to gain my personal knowledge about compensation in this industry and wondering if it’s possible to share some information about it.” »

He adds that people have more power during the interview process than once they already have a job. Since salary expectations are often discussed in interviews, you’d be wise to use these conversations to your advantage.

For freelancers, like Mme Moorhouse says there are cases where companies and brands want to collaborate, and advises people to build on the network they’ve created, focusing on themselves again.

“Instead of asking ‘How much did you get paid?’, it’s better to ask ‘How much do you think I should get paid’? »

More outreach to employers

On the employer side, attitudes are changing, with more companies being more outspoken about wages as lawmakers require more disclosure.

According to data from Indeed Canada, 66% of new jobs posted on the platform contained salary information in the fourth quarter of 2021. In the first quarter of this year, this proportion increased to 68% and in the second quarter it increased to 71%. In September it reached 74%.

In fact, Canada also noted that 75% of job seekers were more likely to apply for a job if the salary range was stated in the posting.

And according to a recent company survey, 88% of respondents who said their company disclosed salary in their job postings agreed that disclosing salary was beneficial in the hiring process amid labor market pressures. .

Since he launched his TikTok account, Mr. Hameed’s videos are already having a positive impact.

« Quelqu’un m’a dit : “oh, I’m telling you content d’avoir regardé vos videos parce que je travaille dans l’informatique et j’ai réalisé à quel point j’étais sous-payé” », raconte-t -The.

And while he acknowledges that online resources like Glassdoor can be helpful, he believes they aren’t personal enough and don’t reach far enough in the myriad of roles and industries out there. .

“I always wanted a resource where I could hear from real people. »

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