Detective_Thorn writes:
"In a recent study published by the Academy of Management Journal, Prof. Peter Bamberger of Tel Aviv University's Recanati School of Business and Dr. Elena Belogolovsky of Cornell University's School of Industrial and Labor Relations have published a study that explains why pay secrecy is likely to hurt an individual's work performance and prompt top talent to seek new employment. They conclude that pay secrecy weakens the perception by employees that a performance improvement will be accompanied by a pay increase. It also finds that high-performing workers are more sensitive than others when they perceive no link between performance and pay; suggesting that pay secrecy could limit a company's ability to retain top talent."
So who, if anybody, benefits from pay secrecy?
(Score: 5, Informative) by Angry Jesus on Thursday March 06 2014, @10:31PM
This is just mildy off-topic, but outrageous enough that it needs to be more widely known:
Chances are your employer has a corporate policy against sharing salary info between employees.
But chances are, they are sharing it with Equifax. [consumerprivacy.us]
One rule for the peons, another for their lords...