Gen Zs Are Sharing Their Pay With Colleagues. Should You Do the Same?

Why Some Companies Do Not Share Salary Information

That said, it doesn’t mean that all companies are out to cheat us.

According to NodeFlair, one of Singapore’s biggest tech compensation aggregators with over 1,400 verified salary submissions, companies are afraid that being transparent about salary information means that competitors can use it as a gauge to poach potential or current employees.

Another interesting insight is that as a role becomes more senior, it is more likely that it does not include salary details.

Aside from base pay, compensation packages at more senior levels may also include a large mix of non-cash components such as Restricted Stock Units (RSU) or Employer Stock Options (ESOP), which are often not reflected in salary guides.