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This week the British papers revelled in news about how much the BBC's on-air stars get paid, though the salaries of their counterparts in commercial TV remain under wraps. In Norway, there are no such secrets. Anyone can find out how much anyone else is paid - and it rarely causes problems.
In the past, your salary was published in a book. A list of everyone's income, assets and the tax they had paid, could be found on a shelf in the public library. These days, the information is online, just a few keystrokes away. The change happened in 2001, and it had an instant impact.
"It became pure entertainment for many," says Tom Staavi, a former economics editor at the national daily, VG.
"At one stage you would automatically be told what your Facebook friends had earned, simply by logging on to Facebook. It was getting ridiculous."
Source: http://www.bbc.co.uk/news/magazine-40669239
(Score: 1, Interesting) by Anonymous Coward on Monday July 24 2017, @12:43AM (5 children)
Yeah sure you can afford to advertise everyone's income in a country where the Gini coefficient [wikipedia.org] is low like Norway (0.633) but try pulling that stunt in the USA (0.801) and you'll have riots in the streets.
(Score: 1, Informative) by Anonymous Coward on Monday July 24 2017, @12:47AM (1 child)
A) This has been going on since the 1800s.
B) All the nordics do this in one way or another.
(Score: -1, Troll) by Anonymous Coward on Monday July 24 2017, @12:52AM
The lowest Gini coefficients belong to Japan where everyone is equally rich and China where everyone is equally poor.
(Score: 0) by Anonymous Coward on Monday July 24 2017, @02:50AM (1 child)
Nice to see that Gini exists and that there is a formal way to look at pay inequality.
On the other hand, I think the multiplier between average pay (in any given company) vs. CEO and other executive pay is more dramatic. I can see that a boss might be worth ten or twenty times "average", but not hundreds of times, like we see in some of the Fortune 500.
(Score: 1, Informative) by Anonymous Coward on Monday July 24 2017, @04:44AM
The largest pay differential between the lowest-paid worker and the highest-paid worker at any Mondragon operation is 9:1. [googleusercontent.com] (orig) [wikipedia.org]
Socialism is better.
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(Score: 0) by Anonymous Coward on Monday July 24 2017, @07:43AM
No riots so far in CA over this issue. Here is the salary of everyone funded even partly by State money.
http://www.sacbee.com/site-services/databases/state-pay/article2642161.html [sacbee.com]
Includes all the UC campuses, police, etc. You'll find football coaches at the top of the list, obviously. Because football.