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The following Planet Money story is worth listening to; there are some real challenges and downsides with making all salaries public. http://www.npr.org/sectio
by tytso 11y ago
The following Planet Money story is worth listening to; there are some real challenges and downsides with making all salaries public.
http://www.npr.org/sections/money/2014/07/02/327289264/episode-550-when-salaries-arent-secret http://www.npr.org/sections/money/2014/07/02/327289264/episo...
- zenpaul 11y agoGreat episode. Big takeaway for me was that salary transparency generally benefits the employee more than the employer.
- fixermark 11y agoThat makes very reasonable sense. ... and in a country with an every-increasing rich/poor gap, benefits that skew towards employee over employer would probably be an improvement over the status quo.
- esturk 11y agoThat's exactly how sports league handle the issue and there's very little grudge between the players. Everyone know what everyone is paid and how much endorsements they get. Perfect symmetric information. This is largely attributed to the sports union for the pro leagues such as NFPA, NBPA, etc. Collective bargaining is hated by the owners.