Jake Rosenfeld

speaker

64 appearances 1 recordings 1 series first heard Mar 2022 last heard Mar 2022

Jake Rosenfeld’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Introducing ‘As We Work’ · 19 Mar 2022 podcast

And not only do we have the issue with kind of measurement problems, that presumes there's a widely agreed upon thing out there that we are trying to measure.

But in many cases, we don't have much agreement upon what it is our organization's service or product should be.

Here again, I go back to my profession as a professor.

Should it be teaching excellence?

Should it be research-based excellence?

So in many, many occupations, not only do we have definitional problems, we haven't even kind of settled on what it is we should be measuring in the first place.

And that makes it very, very difficult to pay workers based on their individual performance.

Given the widespread belief that our pay is a reflection of our performance, and given many Americans, and I plead guilty here, emphasis on their work as a core part of their identity, pay is personal, and increased pay

means you're doing something right and in some kind of deep way that you are more worthy as a person.

I think that, you know, for a number of reasons, that linkage should be broken.

But that doesn't mean it's not deep-seated in our culture.

One key answer is that many of our employers not only don't want us talking about our pay, but actually prevent us from talking about our pay.

So we know from some research and surveys that I've participated in that about two-thirds of workers who do not belong to a labor union who work in the private sector, as most of us do, are subject to what we term a pay secrecy policy of some sort.

These are rules, informal or formal, that prevent workers from talking about their pay.

There was a kind of narrative in the media out there for a while that that might be loosening among younger generations, among younger workers.

I was skeptical.

And it turns out I was wrong.

The data are incredibly clear on this point.

Younger workers, as they've kind of come of age in the labor market, are much more likely, much more willing to discuss pay and much more likely to violate rules against discussing pay in workplaces in which they have them.

Yeah, I think there's competing narratives here.

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