Reported By:
| Edited By: DNA Web Team |Source: IANS |Updated: Oct 27, 2022, 06:30 PM IST
LinkedIn: 61 percent of Indians reluctant to discuss salaries with coworkers, friends
According to a LinkedIn survey released on Thursday, 61 percent of professionals feel more at ease discussing their wage with family members than with coworkers or acquaintances because disclosing salary information is frowned upon in India. Only 10% of professionals indicated they would discuss their pay with colleagues they trusted in other organisations and coworkers they trusted at work (9 percent).
According to LinkedIn's Workforce Confidence Index, India's overall workforce confidence has dwindled slightly. "This is due to a volatile perception towards jobs, finances, and career progress in these times of global uncertainty," said the report.
"Professionals are still not comfortable having conversations about pay in the workplace," said Nirajita Banerjee, India Managing Editor, LinkedIn News. Family and friends remain India's closest confidantes when it comes to sharing the size of their paychecks.
However, "the current generation of young professionals are more willing to share pay information with their coworkers and industry peers as compared to other generations", Banerjee noted. In fact, Gen Z professionals are found most likely to share their pay across their whole network as compared to any other age group.
Around 72 percent of Gen Z and 64 percent of millennials in India say they are comfortable sharing their payment information with family members, while 43 percent of Gen Z and 30 percent of millennials are also willing to confide in their close friends.
"Gen Z is keen to influence change and eager to lead these conversations in the workplace, Banerjee added. About 45 percent of professionals in India say pay discussions among peers are discouraged at their workplace. Further, 36 percent of professionals in India also say they feel anxious about sharing their payment information with anyone.
