"When Monster.com's 2026 WorkWatch Report recently came out, one topic loomed heavily among the yearly survey's answers: Workers are struggling financially, even those who are paid well. Nearly 6 in 10 workers said their salary is not keeping up with our staggering inflation, which has led to some incredibly difficult decisions: More than 1 in 5 said they cut back on retirement contributions in 2025, and 16% said they took on a second job to try to keep up."
"Josh Peacock, co-founder of salary research site SalaryGuide, says this is ultimately coming down to one unavoidable fact: "Employees are questioning why salary information is still treated as taboo, especially at a time when financial strain is becoming harder to ignore." RELATED: GoFundMe CEO Says The Economy Is So Bad That People Are Trying To Raise Money Just To Buy Groceries The CEO says in our inflationary economy, salary transparency cannot be optional anymore."
Pay transparency has overtaken flexibility as a top worker priority amid widespread financial strain. Nearly 6 in 10 workers say their salaries are not keeping up with inflation. More than one in five cut retirement contributions in 2025 and 16% took a second job. Many workers now push for raises or search for jobs with clearer pay, especially during hiring. SalaryGuide co-founder Josh Peacock calls salary secrecy taboo and says transparency must become standard. Rising grocery and utility costs intensify financial pressure, making pay transparency essential for employer competitiveness.
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