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.