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.
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...