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IMHO, managers like to keep salaries private so that they can take advantage of people who are not great at negotiating. My suspicion is that they believe they
by cmiles74 11y ago
IMHO, managers like to keep salaries private so that they can take advantage of people who are not great at negotiating. My suspicion is that they believe they come out ahead: the few hires who negotiate high pay are outweighed by the many who end up with lower pay. I'd also be surprised if many of them were concerned that minorities or women ending up with lower pay; it seems like a great opportunity to blame these hires for being, again, poor negotiaters.
- chebum 11y agoI work for a company with a fully transparent salary ladder in development department. We know how much every team mate earns. Still negotiation skills come to play. Those with better skills get promoted _faster_.
- marrs 11y agoI suspect it's more because companies can't chose when they have to expand a team. If they need 5 new devs and they need them now, they are in a weak position when negotiating salary. Publicising that a new unproven hire is earning more than existing proven staff is simply going to cause people to leave, which is even worse for the business than not hiring new staff.