An alternative to the total transparency you call for might be that an auditor examines everyone’s compensation, and provides statistics for each job role. Lots of employees prefer not to have their exact compensation revealed. Sometimes you may work well with someone (a lawyer, say) and think him a good team player, until you realize he is making tons more than you and envy becomes a factor. Your attitude might go from positive to negative. Would salary transparency be good in that case?
mcny|5 years ago
It isn't me against the other lawyer. It is me AND the other lawyer against the company. Remember, the company has full vision into everyone's compensation.
I remember this one joke about a survey of drivers where over 80% (? I forget the exact number. It is a joke iirc.) of drivers rated themselves at least at "over average" or better. Similarly, I suspect a lot of employees think they are "smart negotiators". Nothing can be farther from the truth.
I had a coworker who made about USD 80k a year and he was very opposed to raising the minimum wage in New York. He was open about why he opposed it. He thought his wages will not increase as minimum wage increased and that the increase in minimum wage will cause his rent to go up. You may hate him but at least he is honest.
I'd eventually like all compensation information for everyone to be public but I understand that is a tough sell. I think if you support pay equity, you must support transparency within the organization.
> Lots of employees prefer not to have their exact compensation revealed.
In fact, I am pretty confident (no proof though) that many for-profit companies as well as non-profits (including Research Foundation of the City University of New York) share this information with third parties such as Equifax or Intuit (makers of TurboTax).
All this information is already out there. We are just one more data breach away from having this information leaked.