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July 9, 2008 7:30:18 AM CDT



Under 35's Break Salary Talk Taboo

Posted Apr 26, 08 3:23 PM CDT in Business Arts & Living    Most Covered

(Newser) – Unlike mom and dad, young Americans are likely to gab about salary with friends, the New York Times reports. To older generations, "it’s very hush-hush," one 22-year-old said. "You don’t talk about money, politics, or religion with friends. But in this generation, it’s important.” Many young professionals say it helps to navigate the workplace or simply plan a night out.

Still, they aren’t so candid with co-workers, according to a 2007 study which says that 84% of those under 35 warned against salary talk at work. And there are good reasons to keep mum: Because money connotes status, social scientists say, it’s impossible to talk about it in an entirely innocent way.                                                 

Source New York Times

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These friends are out on the town in an undated file photo.   ((c) russelljsmith)
Personal-finance author Suze Orman,shown in May 2007, is a proponent of people sharing salary figures as a means of fighting income disparity.   (AP Photo/Richard Drew)
Hundred dollar bills are seen in this undated file photo.   ((c) Bill in Ash Vegas)
Twenty dollar bills are seen in this undated file photo.   ((c) sunshinecity)
Friends toast during a night on the town in Long Island.   ((c) FlyGuy92586)
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"Friends with Money" explores income disparities among friends.   (itone)

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social networking   money   work   salary   personal finance



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