The reason salaries aren't publicly posted is because your employer wants to screw you over.

MonacoMonkey's picture
Rank: Neanderthal | 2,229

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?

Comments (20)

Mar 11, 2018

Shitty employees with lesser raises and bonuses would cause problems and even potentially lawsuits if that were the case.

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Mar 11, 2018

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.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

Mar 11, 2018

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.

Follow the shit your fellow monkeys say @shitWSOsays

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Mar 11, 2018

How large would you say the minor negotiation differences can be? $5K? $10K? $15K?

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Mar 12, 2018

I've seen firsthand that in many F500 companies middle management pay grades can span a range of $50-70k. Depending on skills, timing, negotiations, politics, etc., the discrepancies for very "similar on paper" employees could easily be $10k or $15k. Taken over the latter half of a career with bonuses and compounding annual CoL raises factored in, that discrepancy can end up being huge.

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Mar 11, 2018

I think Whole Foods discloses all salaries up to the CEO and it has been a successful strategy for them.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

Mar 11, 2018

If salaries were disclosed all of sudden a lot more girls would be interested in me... I'm all for this disclosure!!

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Mar 11, 2018

I swear to God when I read the title I knew it was you MonacoMonkey

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Mar 11, 2018
MonacoMonkey:

I'm not sure of the specific data, but I'd guess maybe 30-40% of all workers are being underpaid.

Or they're "overpaying" a bunch of people.

Mar 11, 2018
Troll - Aged 18 Years:

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-inves...

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Mar 11, 2018

Half a million to setup phone calls and only reply to some applicants emails- I want to be a recruiter

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Mar 12, 2018

Yes, because a real CEO would spend his time posting on a forum that doesn't remotely involve his business.

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Mar 12, 2018

This dude is obviously a troll, playing off those ridiculous LinkedIn accounts that say dumb shit like "CEO | Influencer | Disruptor | Black-Belt Goat whisperer Shaman"

Cant tell what I liked more- His troll post or the fact you took it seriously

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Mar 12, 2018

You would make a great influencer.

Best Response
Mar 12, 2018

As a thought-leader and disrupter in the tech-sphere, I often engage clients in high-impact, value-added relationships. However, as a master of the art of winning friends and influencing people, I seek not to influence, but to mutually benefit from the synergies of shared dialect with other cutting-edge industry leaders in order to refine a whole-picture approach while combing through market granularities.

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Mar 11, 2018

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.

Mar 12, 2018
MonacoMonkey:

I'm no philosopher, but it's painfully obvious in this case.

Fuck'n, Yeah!

Mar 12, 2018

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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Mar 12, 2018
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