What is the big workplace secret?
We have it in the public sector: it is called the sunshine list, but should we have complete salary disclosure in the private sector as well?
In an interview with David Burkus, an Associate Professor of Management at Oral Roberts University, Sarah Green Carmichael from Harvard Business Review brings the topic of salary transparency right to the forefront.
Click here to read the complete article.
David Burkus is the writer of a book called, Under New Management: How Leading Organizations Are Upending Business as Usual. His research says that complete pay transparency makes for a better workplace for both employees and employers. His thesis is that when we keep salaries secret people feel they are underpaid and this breeds disengagement.
Click here to watch David Burkus speak on this issue.
Salary disclosure is a topic that many employees and employers are not comfortable talking about. But does it happen anyway in the workplace? Everyone has some idea of what their coworker makes, but no one has complete information, so assumptions are made and we know how often assumptions are wrong or inaccurate. Having access to accurate information helps: it can possibly create a more trusting and collaborate working environment. If so, perhaps more employers should consider removing the veil of salary secrecy, as David Burkus suggest.
- With a partner, have a debate and discuss the benefits and negatives of salary transparency in the workplace. Please research your arguments and plan on using your arguments to defend your position.