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It depends on how you define winner. Does it really matter how much someone else earns as long as you're happy with your pay? I have taken a lower paying job
by rustynails 10y ago
It depends on how you define winner. Does it really matter how much someone else earns as long as you're happy with your pay?
I have taken a lower paying job because of my preference for that job and workplace. Money is not my principal driver (nor is it most people's).
I also agree that an open pay system could encourage super stars to leave. I once hired a woman who earned almost 50% more than her peers because she was amazing (it's the one time I recall paying a premium for anyone). If her peers knew, it would have been a shit storm, especially her male boss (who earned well less than she did).
We are too obsessed about comparing ourselves to others. I would most probably pick a culture where there wasn't transparency because I don't think someone else's income is anyone else's business and the emphasis on money is unhealthy.