Transparent Salaries
What is it, who does it, and how do they do it.
Transparent Salaries usually refers to a set of “objective” rules for how to calculate salaries for each employee, and those rules apply to everyone in the company.
Sometimes these rules are public, sometimes even the salaries of individual employees are public, salaries can be set by management or agreed on by all employees.
Putting in place transparent salaries might take a lot of effort, depending on the maturity of a company’s culture. (more…)