Some small businesses are opting for a policy of salary transparency in order to create a workplace culture of fairness and feedback
We humans are pretty open to sharing personal information: articles we just read, photos of our dinners, products we love or hate. Yet when it comes to our salaries, most people are too squeamish to divulge the number – even to a family member.
Taking a cue from recruiting platforms such as Glassdoor and Payscale, which publish salaries based on employees’ reviews, some small businesses are finding that making everyone’s paycheck public can eliminate other problems that arise with secrecy.Transparency breeds fairness
At the social sharing startup Buffer, chief operating officer Leo Widrich says that back in 2011, when the entire staff included just him and his two cofounders, everyone earned the same amount and knew it.