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Women at Work

Let’s Talk About Money

Women at Work

Harvard Business Review

Entrepreneurship, Workplace, Business/management, Business/entrepreneurship, Progress, Resources, Gender, Equality, Business/careers, Women, Hbr, Careers, Management, Business, Harvard, Human

4.81.5K Ratings

🗓️ 14 October 2019

⏱️ 72 minutes

🧾️ Download transcript

Summary

Talking with colleagues about how much we earn can help us figure out if we’re being paid fairly, but sharing those numbers is stressful. With the help of experts, we discuss the tricky practicalities of salary disclosure and what to do with that sensitive information once we’ve got it. Guests: Zoë Cullen, Gaby Dunn, and Amelia Ransom. Our theme music is Matt Hill’s “City In Motion,” provided by Audio Network.

Transcript

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0:00.0

Once your business gets to a certain size, the cracks start to emerge.

0:05.0

Things you used to do in a day take a week.

0:08.0

You deserve a customized solution, and that's Net Suite. Learn more when you download NetSuite's popular

0:15.5

KPI checklist absolutely free at NetSuite.com slash women at work. That's NetSuite

0:22.3

dot com slash women at work. That's Net Suite.com slash women at work.

0:27.0

Salaries are have always been the yardstick, you know, in, in, oh my God, in pride and prejudice, it's right there, you know, Mr.

0:36.1

Darcy, he gets 400 a year or whatever it was.

0:39.9

And you learn this from the moment, you know, you hatch that this is the way the world looks at things.

0:46.0

I remember finding out that, you know,

0:49.0

someone was making, a guy was making way more than I,

0:52.0

and feeling embarrassed because I thought we were equals.

0:57.0

But when the yardstick came out, and I was a couple of inches short.

1:03.0

Mm-hmm.

1:04.0

That really hurt.

1:07.0

Yeah.

1:08.0

And yet, I think it's still important.

1:11.0

We have that information.

1:12.6

You are listening to Women at Work from Harvard Business Review. I'm Nicole Torres. I'm Amy

1:24.5

Gallo and I'm Amy Bernstein. Talking with colleagues about what we earn can get us

1:29.6

useful information. Having numbers from people in our office and in our field helps us figure out if we're being paid fairly.

1:37.0

It can help us see where our career is heading and if we need to change course.

1:41.0

So then why not be more open about our salary?

...

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