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Why do they need it? Besides dumb envy, why would I need someone's tax return? What's in it for me?
by stackedinserter 2y ago
Why do they need it? Besides dumb envy, why would I need someone's tax return? What's in it for me?
- Etheryte 2y agoSalary negotiations are a very simple example, you can easily compare your salary to that of your peers and to similar positions in other companies. If your boss tells you they pay you the industry average or company average or whatnot, you wouldn't be able to check whether that's actually true otherwise. You can also have a rough ballpark of what a company pays before you apply for a job there. In general, information like this being public empowers people, whereas in most countries companies hold all the cards and use this information asymmetry to their advantage.
- stackedinserter 2y agoOK, you see that your peer earns 2x more than you, then what? You automatically assume that you need to be paid the same?
- TrapLord_Rhodo 2y agoit's another data point in a negotiation.
- stackedinserter 2y agoWhy can't you just ask your peer? "Hey peer, what is your salary?"
- deleted 2y ago[deleted]
- pembrook 2y agoFairness and efficiency. If someone is making significantly more money than you, they are either: a) creating more productive value than you or doing something more in demand by society [strong signal you should join them!] or b) manipulating their situation for better outcomes unfairly or fraudulently In both cases it's in the interest of the greater good to have these things out in the open.
- stackedinserter 2y agoc) just better than you at what you're both doing.