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.
About the Speaker
David Burkus is an associate professor of management at Oral Roberts University.
Comment on this summary
Customers who read this summary also read
Scott Santens and Steve Clemons
The Atlantic, 2016
TED Conferences LLC, 2015
Danny Meyer and Adam Rapoport
SXSW LLC, 2016
Dan Price and Kelly Evans
Aspen Institute, 2015