Author Question: As discussed in the book, the rationale for removing the secrecy surrounding salaries is that (Read 90 times)

londonang · **on:** Nov 13, 2019

As discussed in the book, the rationale for removing the secrecy surrounding salaries is that
◦ they know salaries anyway, via the grapevine, but secrecy reduces confidence in the company.
◦ positive motivational consequences may occur if the pay system is well designed.
◦ consumers should understand that labour costs contribute greatly to retail prices.
◦ a more open pay policy will expose the inadequacy of the merit system.
◦ we should be honest with employees, and this is a good place to start.

jointhecircus · **Reply #1 on:** Nov 13, 2019

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