The critical thing about have open and public pay scales is that it incentivises people to make the team better - not make themselves relatively better by hoard

The critical thing about have open and public pay scales is that it incentivises people to make the team better - not make themselves relatively better by hoarding information. I worked at a big corporate which had a culture of individual bonuses and it was a shambles. All employees ended up being 'above average' and the bonus pool was shared out on a 'project managers pet' basis which sunk any business improvement techniques or any 'pay now, save later' which are the meat and drink of cost improvement.