There is, theoretically, a senior editor at The New York Times who earns $195,000 a year plus a $40,000 bonus and another senior editor who earns $128,000 with a $10,000 bonus. I can’t verify this (“Hi, New York Times, could you give me a list of salaries, or perhaps connect me with the editor who ears $195K?”), but it doesn’t matter–it’s what someone is reporting, and perception becomes a reality.
A group of media people started a spreadsheet where people could anonymously enter their salaries where you can send your time scrolling through and wondering if you should change your career. Ad agencies followed suit. And, as Google found out years ago, salaries are only confidential because of social norms. Once you break those norms, everyone can share.
Early this year, my Inc. Colleague, Alison Green, asked her readers to share their salaries and share they did. With over 30,000 responses, she created one of the most valuable salary negotiating tools out there.
To keep reading, click here: Big Media Finds out that Salary Secrecy is Dead. Spreadsheets Share Everything