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So let’s make sure that we all understand what we are talking about when we bring up pay transparency.
Right off the bat, pay transparency sounds like a really good idea. In a company that has pay transparency, every employee knows what every other employee is making. There can be a lot of benefits to doing this: it can motivate employees, it can close gender gaps, and it can attract new talent that will understand the importance of information technology by showing people how achievement at the company is rewarded.
However, the person with the CIO job needs to understand that there is also a darker underside to pay transparency…
So let’s make sure that we all understand what we are talking about when we bring up pay transparency.
Right off the bat, pay transparency sounds like a really good idea. In a company that has pay transparency, every employee knows what every other employee is making. There can be a lot of benefits to doing this: it can motivate employees, it can close gender gaps, and it can attract new talent that will understand the importance of information technology by showing people how achievement at the company is rewarded.
However, the person with the CIO job needs to understand that there is also a darker underside to pay transparency…