My previous company did something similar. They had employee pay structure listed in their handbook and is available to all employees. If I knew what level you

My previous company did something similar. They had employee pay structure listed in their handbook and is available to all employees. If I knew what level you were at, I knew how much you were making. I really liked it. They rarely had the problem where people felt they were under-compensated for doing the same job - a problem that I have since learnt is prevalent in other companies.