I ran across this article this morning. Very interesting question: would you want to know you’re co-worker’s salary? Should salaries be posted for everybody to see? What would you do if you learned that you were being paid all these years – less money than your male co-workers? I would be outraged and hurt to see my salary was low on the scale compared to the men’s salaries. It’s also humiliating.
“I think salaries should be posted,” Orman said. “Every salary. From the highest down to the lowest. Because then somebody knows what they’re worth.”
Finding out that someone doing the same job is making more money can be catastrophic for office morale. But Orman says it’s the employer who benefits from salary secrecy.
“They can pay you a lot less and pay somebody else a lot more if nobody knows who’s getting paid what,” she said.
Orman, whose latest book “2009 Action Plan” tops the New York Times’ Bestseller’s list, says that for generations, keeping salaries secret has made it easier for corporations to protect their bottom line and to discriminate, particularly against women.
Makes sense to me but I just don’t see that happening anytime soon.