Re:Equilibrium Effects of Pay Transparency
by callmeal on Wednesday June 16, 2021 @07:27AM
(#27527267)
>I’m in favor of a light version of salary transparency.
In countries with salary transparency, (the ones I've worked in anyway), there is usually a published grid of roles, and salary ranges. Similar to how the government does things[0]. Companies then make use of "benefits" to reward better performing employees, since those benefits are not part of salary.
[0]: https://www.federaljobs.net/salarybase.htm#SALARY_TABLE_2015...
I’m not in favor of publishing the individual salary information of people who joined my company without that publication being part of the bargain. (I view it as a serious privacy violation whether I publish “here’s what XYZ makes” or whether I publish enough data that lets a data scientist figure out which point in the dataset is XYZ with greater than 80% certainty.)