4 ms·
Ultimately people guess and judge each other based on what they think each other's salaries are even if they don't know. Hiding information only creates confus
by calafrax 9y ago
Ultimately people guess and judge each other based on what they think each other's salaries are even if they don't know.
Hiding information only creates confusion and prevents markets from operating efficiently.
There is no legitimate economic justification for salaries being secret. Only tradition and superstition.