But does this actually mean faster promotion cycles?
I worked for Accenture for a bit and decided to quit when they would use technicalities to deny promotions. As a matter of fact, I was denied promotions for three cycles because I joined 2-3 weeks too late. Basically, because I joined the firm 2-3 weeks after the big yearly review, I wasn't eligible for any promotion for two years whereas if I had been given a start date a month earlier I would have been eligible after a year.
I left and more than doubled my salary, work on newer technologies, largely in charge of my own schedule, can work anywhere in the world, and received promotions faster.
I've been open about my salary for years with friends and family and the taboo is starting to change it seems. When I first started talking about salary in the early-2000's I met a lot of resistance, but now I've notice friends dropping how much they make in casual conversation.
For me at least, there is no embarrassment and instead is used to make decisions about the future. If someone makes more, I ask myself why and how can I get there? If someone makes significantly less, and they care to know, I tell them how I got to where I am in hopes of helping them.
Unfortunately, employers trying to squash this has not changed. I remember 15 years ago when I got sat down the first time, by a fortune 100 company, and told we do not talk about salary. I also remember when the same conversation happened in a start up just a few months ago. The motivation still hasn't changed -- keep the worker 'happy' and underpaid whenever possible through information disparity, intimidation and "right to work" laws.
I worked for Accenture for a bit and decided to quit when they would use technicalities to deny promotions. As a matter of fact, I was denied promotions for three cycles because I joined 2-3 weeks too late. Basically, because I joined the firm 2-3 weeks after the big yearly review, I wasn't eligible for any promotion for two years whereas if I had been given a start date a month earlier I would have been eligible after a year.
I left and more than doubled my salary, work on newer technologies, largely in charge of my own schedule, can work anywhere in the world, and received promotions faster.