Current global economic slowdown due to Coronavirus pandemic has made people feel reluctant to talk about salary with their employers. This trend can be seen as recent survey found that tech employees are less likely to negotiate salary during the COVID-19 pandemic than during normal times.
According to a survey conducted by Blind, tech employees were 13 percent less likely to negotiate salaries during the pandemic, with only 47 percent reporting they’d be comfortable discussing salary given current global conditions, NextGov reports.
The study polled more than 4,000 employees at he nation’s largest tech companies including Amazon, Microsoft, Google, Facebook, Uber, LinkedIn, Oracle, Apple, Expedia Group, and Indeed.com.
Further, the study noted that women in tech were 10 percent less comfortable than men in addressing salary in current conditions, and comfortability discussing salaries varied significantly by company. In only three companies—Google, Facebook and Uber—were more than half of employees comfortable discussing salary during the pandemic. Conversely, only 25 percent of employees at Intel, 33 percent at Salesforce and Intuit and 36 percent at Adobe were comfortable addressing salary.
“The pandemic has professionals feeling less inclined to negotiate their salaries. However, a pandemic does not change the value of your skill set that has earned you a desired compensation. Do your research and know your worth,” said Blind co-founder Kyum Kim.