Open salary policies can have a huge positive impact on your team. They also can come with some unintended consequences. These policies have been more of a common place in high-growth tech ventures but other industries are starting to take notice.
Does your company provide details on how much everyone in the organization makes, from the CEO down to the lowest-paid employee? At many organizations, talking about pay is taboo. But this trend is changing as businesses big and small move toward open salary policies.
https://www.fool.com/careers/2018/06/28/pros-and-cons-of-an-open-salary-policy.aspx
More posts by Matthew Pelkey
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