Summary of Why You Should Know How Much Your Coworkers Get Paid

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Why You Should Know How Much Your Coworkers Get Paid summary
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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.

About the Speaker

David Burkus is an associate professor of management at Oral Roberts University.

 

Summary

Discussing your salary with anyone, including your co-workers, can feel uncomfortable. Long-standing assumptions tell you that if everyone knew how much everyone else earned, widespread conflict would follow. Yet research shows that “pay transparency” improves workplace environments. When employees are in the dark about how much their colleagues earn, they assume the worst and are more likely to feel underpaid and unfairly treated at work. Even though US law protects employees’ right to discuss earnings, “pay secrecy” remains the norm. Some companies try to prohibit salary discussions. In 1919, executives...


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