Should companies practice pay transparency?
Do you want to find out how much your colleagues earn? Pay is a major factor in deciding whether one takes up a job, or even applies for it in the first place, yet the moment one is on a company’s payroll, all talk about remuneration is shrouded in secrecy. But that is now changing in many organisations around the world.
Pay transparency has its advantages, but does it also lead to jealousy among co-workers, sapping them of motivation? Would everyone be receptive to this level of openness at the workplace? And what impact does it have on gender pay gaps within organisations?
In this edition of WorklifeIndia, we discuss whether companies should follow an open salary policy.
Presenter: Devina Gupta
Contributors: Rajneesh Singh, founder, SimplyHR; Sunder Malyandi, co-founder, Sahaj Software; Prerna Seth, senior researcher at women’s work project, CPR
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