Income
 You share a lot with your coworkers over time: Projects. Lunches. Office space. Cocktails. Family photos. Birthday cake. But, even after many years of working together, should you share the details of your salary and compensation package? No, says compensation expert Dick Dauphinais of Strategic Compensation Partners. "We all know employees talk, and things can never remain totally confidential," he says. "But an outright exchange of salary details probably isn't the best idea." Keep It Secret, Keep It Safe When companies have different employees on the same job and one of them is paid differently, many unfairness issues surface. "It can happen in any 'open shop' that differentiates pay for any reason (seniority, performance, etc.)," says Dauphinais. You could run the risk of alienating valued colleagues if they learn you earn more for what they perceive to be the same job. Dauphinais, who has more than 30 years of human resources experience specializing in both the compensation and benefit areas, instead urges organizations to focus on structure. "I am a big fan of sharing the compensation 'structure' and all the components that dictate how employees progress through that structure with staff members." |
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There is a better way to make money. I’m not telling you to quit your job and become an anarchist. And I am not saying you’re stupid because you have a job. I have a job. So you ask, what did you mean? A job is a way to earn money. It’s how most people earn money. It’s what I do today. It just isn’t the best way to earn money. I wish I would have known this twenty-five years ago. I wish my parents had taught me this, I wish the schools had taught me this. In a minute, I’ll share the secret with you. I’ve had one job or another for 24 years. I’ve made all my money working for someone else. I’ve had a job…
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