You should know what your co-workers earn

Companies are artificially secretive about their accounting to internal audiences. Typically granular information about a company’s books is not available to it’s employees and only a small precentage of the company knows exactly how the company is earning and spending money.

I offer this suggestion. Be completely transparent about your company’s spending including how much everyone is paid. Post it all online for any employee that wants to look. This does mean that you will have to be able to justify expenses and salaries but if you can’t justify it then it should probably be questioned anyway.

I previously worked at a company where sharing your salary information with a fellow employee was a fireable offense. Since then, I’ve wondered why this secrecy is necessary, other than it gives the company the upper hand in salary negotiations.

What do you think? Do you see potential pitfalls or problems?


Leave a Reply

Your email address will not be published. Required fields are marked *