Bookmark and Share

Please consider registering
guest

Log In Register

Register | Lost password?
Advanced Search

— Forum Scope —

  

— Match —

   

— Forum Options —

   

Minimum search word length is 4 characters - maximum search word length is 84 characters

Topic RSS
Why Companies Keep Pay a Secret, and Why You'd Rather Know The Truth
Read the original blog post
October 18, 2010
5:06 pm
First-Eater
Forum Posts: 2105
Member Since:
February 22, 2010
Offline

"A new study by researchers at the University of California at Berkeley and Princeton University suggests that if all of our salaries were made known tomorrow, half of us would be made miserable and the other half would be made no happier."
-Smart Money Magazine, "Why Companies Keep Pay a Secret"

The implication is that we're all better off not knowing the truth.

This, however, is only the employer's half of the story. This information is indeed of negative value to the organization...but it is of positive value to the workers.

Information, in a free market, causes prices to equalize. However, salaries within…

Bookmark and Share
Forum Timezone: America/Los_Angeles

Most Users Ever Online: 86

Currently Online:
6 Guest(s)

Currently Browsing this Page:
1 Guest(s)

Member Stats:

Guest Posters: 1677

Members: 3423

Moderators: 0

Admins: 1

Forum Stats:

Groups: 1

Forums: 2

Topics: 247

Posts: 7155

Administrators: J. Stanton: 2105