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Openness in wages (and benefits) would be a good move. It would encourage salaries to go up faster, when there are market inefficiencies.
by ap22213 13y ago
Openness in wages (and benefits) would be a good move. It would encourage salaries to go up faster, when there are market inefficiencies.
- collyw 13y agoI agree. Hiding salaries can only benefit the company, not the individual.
- Crito 13y agoI agree that open salaries would be beneficial within an organization, or even perhaps across the industry, but I think that people should have the option to keep their salaries private to society in general. I do not need or want my family and many of my friends knowing how much I make. I deal with jealously and requests for personal "loans" enough as it is, and I live modestly (they all figure that I get paid a lot because of who I work for, but I would prefer that not be disambiguated). When asked by friends in my industry what I make, I openly tell them if I am close to them, but I guard that information much more closely with anybody that I know to be making much less than me in other industries.
- draugadrotten 13y ago> Openness is wages (and benefits) would be a good move. It would encourage salaries to go up faster, when there are market inefficiencies. Wages are public in Sweden (e.g. http://ratsit.se http://ratsit.se) and that doesn't make wages in Sweden high or raise faster. Salaries are, on average, much higher in neighbour Norway than in Sweden. So there are other - more important - factors at play than knowing the competitions salaries.
- justinreeves 13y agoWages are public in Norway too, aren't they?