The reason salaries aren't publicly posted is because your employer wants to screw you over.
I'm no philosopher, but it's painfully obvious this it the case.
Think about it. If all salaries are posted, the company HAS to match what someone else of an equal role / background / education level is getting paid.
By obfuscating this information, they're lowballing desperate employees in hopes of getting a "sweet deal". I'm not sure of the specific data, but I'd guess maybe 30-40% of all workers are being underpaid. Some out of need (to pay the bills), others out of ignorance (lack of due diligence / research).
So the question becomes, would you be comfortable if all salaries were searchable within your company?
I have to agree with OP. It is more advantageous for shareholders and partners if expenses are low.
Generally, managers have a budget and are measured not only by the performance of their group, but the aggregate profits including labor costs. These are the numbers you generally don't see in the stats, but are numbers execs press on managers, tier by tier to keep expenses low.
That is not why companies do not post salaries. They do not post salaries so that Sally in HR doesn't get pissy that Jane makes more than her for what she thinks is "easier work". It is about controling interoffice jealousy and disputes. As for pay discrepencies they are not near as large as you seem to think. Most companies use level scales and pay employees who do the same job almost an identical base rate with the exception of minor negotation differences.
How large would you say the minor negotiation differences can be? $5K? $10K? $15K?
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I think Whole Foods discloses all salaries up to the CEO and it has been a successful strategy for them.
If salaries were disclosed all of sudden a lot more girls would be interested in me... I'm all for this disclosure!!
I swear to God when I read the title I knew it was you MonacoMonkey
Or they're "overpaying" a bunch of people.
Like when an internal recruiter earns $450,000 and still has the balls (ovaries) to file a gender discrimination lawsuit. Yea I'm talking about the Point72 lady. My god.
https://www.wsj.com/articles/steven-a-cohens-investment-firm-sued-for-d…
Half a million to setup phone calls and only reply to some applicants emails- I want to be a recruiter
Interesting timing considering the recent stuff around public companies disclosing median pay. I've been hearing for a while now that there tend to be greater pay discrepancies between companies than within them.
Fuck'n, Yeah!
I think this is a two-part issue.
I don't think that salaries should be searchable because some discrepancies are legitimate, such as someone earning more because they negotiated their salary versus someone who just took the first offer they got.
I think the second and real issue is that firms should disclose a salary range in all job postings. This would eliminate the awkward "what do you earn?" game that recruiters play with candidates and would allow both parties equal footing when it comes to salary negotiation. Firms will of course never do this as asking candidates for their salaries first is a way to lowball them later on.
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