A recent article from Alex Williams for the New York Times investigated the ways in which young employees in their 20s and 30s discuss their salaries. Williams claims that there is an “etiquette to sharing the information” when young professionals brag about their salaries.
“For instance, most young people don’t tell their cubicle mates, according to a 2007 study for Money magazine by the sociologist Jeanne Fleming and the writer Leonard Schwarz. Still, young workers seem somewhat less likely to adhere to this convention than older ones. The study found that 90 percent of those over 35 who were surveyed agreed with the statement ‘you should never let your co-workers know how much you make,’ while 84 percent of subjects under 35 agreed.”
“But between friends almost anything is fair game. Beth Kobliner, the author of the best-selling ‘Get a Financial Life: Personal Finance in Your Twenties and Thirties,’ said she had noticed that many young people now ‘have no idea what their boomer parents earn, but know every intimate detail about their close friends’ salaries, 401(k)s and debt loads.’”
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