The Downside of Full Pay Transparency

Re:The Downside of Full Pay Transparency by 09094920394314 on Wednesday October 25, 2017 @06:05PM (#15554717)

Sounds like the only benefit is keeping A in his delusion, instead of informing him via a competitive market that his skill is not as high as he thought he'd be. Oh, and saving the company money. And making it easier to have private favorites.

If someone is in an executive position, and something like you describe happens, it is their fucking job description to resolve the problem. Meanwhile, by having open salaries, everyone has the information needed for a competitive market. Including college graduates, who get screwed over routinely

//Edit: Oh, and if A ever DOES need to find a new job and advertises his "delusional" skills, either him or his next company will feel the pain from the lack of price information here

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Re:The Downside of Full Pay Transparency by psergeant on Wednesday October 25, 2017 @08:27PM (#15555448)

    > saving the company money

Companies not over-paying for their resources is generally a pretty critical factor in them staying solvent and being able to employ people, rather than a nice-to-have.

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Re:The Downside of Full Pay Transparency by crdoconnor on Thursday October 26, 2017 @05:50AM (#15557552)

To put it another way, it's a pretty critical factor in ensuring that more wealth flows into profits rather than salaries and a way to keep sickly companies afloat via the deception of their employees.

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