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from the I'll-show-you-mine-if-you-show-me-yours dept.
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: 3, Interesting) by Aiwendil on Friday March 07 2014, @12:03AM
So, how does this apply to countries where the culture is to not discuss salaries? (not forbidden, simply not just in our culture) Or does this only apply to immediate-reward instances (like playing a game)?
David Mitchell (UK comedian) has a good rant regarding discussing wages in cultures where this isn't the norm: http://www.youtube.com/watch?v=E837tnxRVS0 [youtube.com] (3min long)