How Much Do You Make?

By on March 29, 2019 at 9:54pm

MOST ADVERTISING AND MARKETING MANAGERS ARE ON BOARD WITH SHARING COMPENSATION INFORMATION

Creative companies’ approach to open salary policies

Full transparency
Salaries for every employee are available to people within and outside the organization.
What organizations offer: 34%
What managers want: 37%

 

Near full transparency
Salaries for every employee are available only to people within the organization.
What organizations offer: 23%
What managers want: 29%

 

Partial transparency
Salaries for select positions are available to people within and outside the organization but are not associated with specific employees.
What organizations offer: 20%
What managers want: 23%

 

No transparency
What organizations offer: 23%
What managers want: 11%

What’s the greatest benefit of instituting an open salary policy?

23% Helps close the wage gap
21% Creates an atmosphere of trust and collaboration
20% Boosts recruitment and retention
19% Increases productivity
16% None (potential consequences outweigh any benefits)
1% Other

How comfortable would you feel about disclosing your salary to the following individuals if asked?

Peer coworkers

Very comfortable: 38%
Somewhat comfortable: 32%
Not very comfortable: 16%
Not comfortable at all: 14%

People you manage

Very comfortable: 34%
Somewhat comfortable: 25%
Not very comfortable: 21%
Not comfortable at all: 20%

Professional contacts outside your organization

Very comfortable: 32%
Somewhat comfortable: 36%
Not very comfortable: 19%
Not comfortable at all: 13%

Personal contacts outside your organization

Very comfortable: 37%
Somewhat comfortable: 32%
Not very comfortable: 20%
Not comfortable at all: 11%

Source: The Creative Group survey of more than 400 advertising and marketing hiring decision makers in the United States

© 2019 The Creative Group. A Robert Half Company. An Equal Opportunity Employer M/F/Disability/Veterans.

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