Can you disclose pay rate?
Your right to discuss your salary information with your coworkers is protected by the federal government. According to The New York Times, the National Labor Relations Act states that employers can’t ban the discussion of salary and working conditions among employees. Only your coworkers can tell you their salaries.
What happens when you reach the top of your pay scale?
When someone approaches or hits the top of his or her pay range, the firm may have to rely on smaller-than-normal salary increases—usually limited to a cost-of-living increase plus a one-time bonus—until the contract is renegotiated.
How is the salary of an employee determined?
Employees receive a salary or wage for carrying out the job responsibilities. The definite salary amount paid is reliant on many reasons such as: market rates, experiences of the employee, their knowledge, their ability and skill set, and their prospective for improvement.
How can I find out what my pay rate is?
An employee’s pay rate depends on a few things. Find minimum pay rates including: Check penalty rates for time worked on weekends, public holidays and shiftwork, and: Check when money can be taken out of an employee’s pay and how overpayments are recovered. Learn about how and when staff need to be paid.
Do you have to know your salary range at work?
That’s not to say you should be totally oblivious regarding the going rate for your skills, however. “Every employee should know their salary range, what they are paid within the range, and how that compares within the market,” says Brennan. But, she adds, that is a conversation that is best kept between you and your manager.
How can I get a sense of my salary?
If you want to get a sense of the wage opportunities inside and outside of your organization, start by researching online salary databases like Monster’s salary guide. Remember, ranges can sometimes vary widely depending on geographic location and company size, and job titles can mean different things to different employers.