Many companies keep employee pay shrouded in secrecy while other employers make such information known to their workers. So, what are the impacts of compensation transparency?
A recent study led by UC Riverside School of Business professor Boris Maciejovsky published in the Journal of Business Ethics found that revealing employee pay unexpectedly influences workplace dynamics in ways never demonstrated before.When employees learn how their pay stacks up against their peers, their feelings of entitlement — and the salary they believe they deserve — can rise or fall depending on how close they are to the top of performance ranking lists, the study found.Those with
