Valhalla Private Capital

More than half of workers believe that disclosing details on will lead to better , according to the latest iteration of LinkedIn’s Index.

The index - which is based on a survey of 3,302 members in Canada between June and September 2023 - found that 52% of people asked felt that people sharing their information (including and ) would improve workplace equality, compared to 48% in 2022.

This number varies between different generations, with younger Canadians more likely to express support for pay transparency (73%), followed by 69% of Millennials, 46% of Gen X and 44% of Baby Boomers.

However, 37% of those surveyed remarked that they felt anxious about sharing their pay information - a 2% rise from the year prior.

Likewise, just under half (49%) said they felt well for the work they do while 74% expressed that the between and had become too wide.

The people of LinkedIn have come out in their dozens to give their two cents on the topic, with Adrienne Tom, executive resume writer for executives, saying: “I'm all for salary transparency, so long as the number is clear and legit. Some postings list salary ranges so wide that the actual salary number isn't entirely clear, leaving job seekers confused.”

“If you have a manager who is not advocating for the pay gap, you are working for the wrong manager,” remarked career strategist Sweta Regmi, while noting that women in Ontario earn an average of $0.87 for every dollar earned by men.

On the topic, she added: “Salary ranges with job postings can help close the gender pay gap while allowing companies to find qualified candidates more quickly.”

Read more via our blog: https://lnkd.in/gMQ9Yatv

This December, the folks at Valhalla Private Capital will be revisiting some of our most popular posts from throughout 2023 alongside some topical news-focused posts to keep your finger on the pulse of all things !