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.
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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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