Summary of Why You Should Know How Much Your Coworkers Get Paid
Are you earning the going rate? You likely have no idea.
Are you earning the going rate? You likely have no idea. Happily for employers, salary is a taboo subject, which deters employees from discussing wages with their colleagues. Such “pay secrecy” fosters workplace resentment. According to management researcher David Burkus, “pay transparency” offers a solution. getAbstract believes Burkus’s cogent examination of salary secrecy will pay dividends to corporate leaders and disenfranchised employees.
In this summary, you will learn
- How “pay secrecy” contributes to unhappiness in the workplace,
- Why such “information asymmetry” gives employers an unfair advantage and
- How “pay transparency” improves work environments.
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