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I've read before that with "open companies" where they publish all salary data, it can, on occasion, be surprisingly counter productive. I haven't read extensiv
by giobox 9y ago
I've read before that with "open companies" where they publish all salary data, it can, on occasion, be surprisingly counter productive. I haven't read extensively on the topic, but I believe there are examples of companies who started out making all employee salaries accessible to anyone in the company reverting this division. Famously Steve Jobs ended up doing largely this at Next. At any rate, I think that publishing salaries openly can have its own set of issues, even if on balance I agree it's probably a fairer approach. This is one of those problems that touches on cultural norms though, so what works for one person can offend another.
It's not difficult for me to imagine scenarios were certain employees may overvalue their worth, and take a great deal of offence to a perceived slight when viewing their colleague's remuneration. Humans often aren't good at looking at themselves purely as some kind of commodity to be priced by an open market, even if rationally that might make some sense in this context. People can get scared they will look over-paid, or embarrassed about being underpaid, even if neither of these things is true. There's the whole thorny issue of cost of living adjustments if your company operates in more than one location. The frequent debates I've seen on Gitlab's public salary calculator that tries to address cost of living illustrate how hard it is to get that right - you can get some pretty odd results from that thing just moving your zip code 5 miles in some regions. I imagine you're almost never going to convince everyone that the adjustment factor you choose is the right one.
- scarface74 9y agoIt's not difficult for me to imagine scenarios were certain employees may overvalue their worth, and take a great deal of offence to a perceived slight when viewing their colleague's remuneration. I agree that people may overvalue their worth, but in that case, wouldn't they look for another job that pays them what they are worth? Either they will find the job and get paid their worth or they won't and realize that they are paid what they are worth.
- s73ver 9y agoNot everyone has the luxury to do that. There are many places where there just aren't that many employers, and the person may not be able to move.
- scarface74 9y agoThen their market - the place they live and the employers who are willing to hire them have decided their worth.