It may be one of the most awkward questions around the watercooler, but it’s also one of the most important: How much do you make?
It started with a Slack employee
Zac Sweers lit the with a tweet: “Pay inequality is a big problem in tech,” he wrote, “especially for underrepresented groups like women and minorities. The best way you can help is by sharing yours. I’ll go first.”
“$205k base, $500k equity over 4 yrs,” he continued, filling in other deets like his education, location, and experience.
The discussion went viral — someone even launched a project on Product Hunt to collect and sort the #KnowYourWorth tweets.
Here’s the trouble: There’s no such thing as perfect data
Some critics said the discussion had a few flaws:
- First, your “worth” is about more than just your compensation. It’s more like #KnowYourMarketValue.
- For some people, the exercise looked like men in big cities bragging about the size of their… paychecks.
- The discussion also focused on software developers and engineers — not, say, the contract workers who support our app economy.
But some info might still be better than no info
Sweers called the conversation a “net positive.” It can help some people, he said — especially if you notice that workers in the same city with the same experience get paid a lot more than you do for the same work.