What’s up with this? I mean, money is an important factor behind applying for a job, so why hide that? I wish there were regulations regarding that.

What’s up with this? I mean, money is an important factor behind applying for a job, so why hide that?
I wish there were regulations regarding that.

Companies not displaying salaries

Companies not displaying salaries- Grapevine

Welcome to News Discussion's Private Community

Hey Viners, do you think Startups should provide the details of their financial health to new employees so as for employees to know where they stand ???

Many startups, no financial transparency, founders who say we have enough runway, all bs and in the end laying off people, reducing benefits. Doing secondaries for founders and making big money and running away

Startup Career Rant !!

Software Engineer

Welcome to Office Gossip's Private Community

I am curious what makes people give inflated salaries on an anonymous platform.

Unless you are a sadist and want everybody else to suffer, what is the best case reasoning for sharing wrong info? What social construct am I not able to understand here?

Reason for wrong salary info

Director of Engineering

Welcome to Indian Startups's Private Community

Should salaries of all employees in private companies be made transparent, similar to government structures with fixed brackets? Is it legitimate to expect this level of transparency?

Transparency could also foster employee trust, discourage discrimination, and promote equitable compensation practices.

Should Private Company Salaries Be Public?

Product Designer

I have been managing teams for multiple organisations for quite a few years. It saddens me to see most of the organisations trying to exploit employees by paying inadequate compensation. Gender pay gap exists for real. I want to file a PIL and maybe get a law passed to ensure all employees are paid fairly. Can someone help me get in touch with a good lawyer who can help me file a PIL?

Looking for a lawyer to file a PIL

Engineering Manager

By making salaries transparent you’ll end up signalling who gets paid for what skills, and how you can reach similar levels if you manage to put in hours/ up-skill yourself?

This should reduce the number of employees who’ll be unhappy if they find someone else’s salary later on to be really high. 

Also, we will get rid of draconian law, which kind of stops employees from talking about salaries. 

Does any company in India have salary transparency as one of the their core agenda to attract talented folks?

Should companies offer salary transparency?

Product Owner

Our company offer letter mentions our salary shouldn't be discussed or disclosed to our colleagues. It is confidential.

If we cannot share with the person sitting right next, why are we sharing with every other company we interview.

What's the way out? Can we say we signed an NDA?

[Discussion] Should Current Salary be disclosed?

Consultant

This is with reference to ight to privacy and equal remuneration act 1976

Has anyone refused to reveal their current salary during interviews? I read somewhere that it's illegal for HRs to ask for current compensation.

Management Consultant

Welcome to Personal Finance's Private Community

These days HRs are asking the employees before sitting for an interview about their current ctc. I don’t want to reveal that to them and want to get paid according to the industry standards/ based on the market conditions. How to smoothly avoid that question and avoid getting underpaid?

How to avoid “what’s your current ctc?”

Hi, just wanted to know if it’s okay to lie about your salary on a job application. I mean I know it’s not okay but I know I’m severely underpaid and am looking at just industry standards and now there is a company who is willing to offer what I deserve but they require pay slips and that just doesn’t sit well because what do I exactly do now? Need to know how to fix this situation? And how can I proceed?

Salary discussion

Growth Manager

Do you discuss it openly? Or is it the same old "it's confidential, don't discuss the salary with anyone"?

How transparent is the salary information in your company?

Hi Grapeviners

Over the last month or so we announced two massive products that are as big as Grapevine itself:   1. Private Company groups with verification 
2. Salaries on Grapevine 

Thousands of you have since adopted these products, but most importantly, you gave us great feedback and we are working on making these more helpful

Here’s what you can expect from Grapevine in the next few weeks: 

1. Direct Messaging on Grapevine (yes yes, I know at this point everyone seems to be giving up on this xD)
2. V2 Update to Salaries - making it more useful with more data points 
3. Launching verification and company private groups for 100 companies (we will keep doing this where we have enough people)
4. A better feed: We are hoping to show you less of posts you’ve already seen (A common complain with Grapevine)
5. A new approach to communities on Grapevine
6. A feature buff to Polls - making them even more insights rich
7. Better Link type posts - currently links on Grapevine are broken
8. Grapes V2: People will get grapes for creating ‘Chatty posts’ and ‘Deep Polls’ over and above the current definition of Grapes that is just focused on the number of likes you get
9. An Official Grapevine mixer (details soon!)

As always, your feedback and spreading the good word about Grapevine is always appreciated

What can you expect from Grapevine in the next few weeks?

Founder

Welcome to Business Roles's Private Community

Had the first (exploration) call with my would-be boss and HR lead to figure out which role I would fit in. Company is an MNC startup, best culture ive heard of, lots of friends working there in different verticals etc. I usually dont reveal salary this early on but it was a very quick call and they asked about it and I felt like I had to this time to not come off as a snob or stuck up.

Chances are low and I am okay pushing back but Im paranoid about getting lowballed now. Any advice on how to better my chances in the upcoming rounds? Greatly appreciate any help

Revealing salary in the first round. Yay or nay?

It depends on where you are in terms of the compensation spectrum. It can definitely lead to bias if your current salary is not on the higher side. 
  
 For too long, I have played this back and forth game of revealing salary and asking them for budget and frankly, it’s too tiring in Indian recruitment circles. 
  
 So, I have started just being honest from the beginning about my current pay & expectation and have seen recruiters be transparent about their budgets too. 
 Eventually if a company has to lowball they anyway would, but I am glad that I don’t have to exercise so much cognitive effort playing this game of riddles

Product Manager

Marketing Associate

Welcome to Software Engineers's Private Community

why do people feel uncomfortable or bad about sharing salaries with peers of the same level? if you share it then only you will get to know how much you are getting paid comparatively and next time you ask what you deserve in appraisals. why are we not helping ourselves?

Why do people feel uncomfortable to share their salary with peers?

Software Developer

So, my company just started publishing salary ranges for all positions internally. It's been... interesting, to say the least. 

Some people are thrilled about the transparency, while others are pretty upset about what they've learned. It's definitely changed the vibe around the office. Has anyone else experienced this kind of wage transparency? 

I'm really curious how it affects team dynamics and motivation in the long run.

How do you feel about a fully transparent salary system?

Hello Grapeviners,

What is with Indian recruiters wanting to know your CTC as the very first step of hiring? And when asked to share the ctc range in which the role falls, they refuse to share.  So basically they just want to lowball candidates based on their current CTC and parity is a joke?
Now If a recruiter denies sharing the range for the role and insists on knowing my CTC, I run!  What are your thoughts?

Recruiters want to know your CTC

As a recruiter, i have candidates asking me the payscale and i usually share them the compensation bands we have ...although in most cases we are told strictly not to tell the applicants ...however for me , i think it kinda makes my job much easier as they don't false expectations with the role or the salary ...neither i make them waste their time interviewing us ...saves a lot on both sides  
 My managers do expect me to have certain extra good profiles just to maintain our pipeline and show a good funnel of quality folks..but it does not work my way ...

Not able to get into HR rounds after doing well in technical interviews. 

Comp1: cleared 5 technical rounds.  They asked me to come in person for a particular date, informed me that date and time will be informed later. After a week got rejection mail. 

Comp2: Done well in the technical round. Profile was in process status  in the company portal for the last 45 days.  Today I got a rejection mail. 

Mera life ithna kharab hogaya.... Ithna kharab hogaya..

Ghosting companies

Cloud Architect

In general HR's say we shouldn't discuss our salaries with our colleagues and at the same time they allow your manager to discuss the salary during appraisal.

A manager should only be allowed to tell %age increase, not the actual salary.

As a manager, would you share your salary with your reportee ? If not, why should you know their salary?

Either make salaries transparent, everyone knows each other's salary or nobody should know anyone's salary except HR.

Companies not displaying salaries

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