Psst…This Is What Your Co-Worker Is Paid

Psst…This Is What Your Co-Worker Is Paid

“It’s not like you come in and [pay] is posted on your forehead,” but having the
figures in the open alleviates co-workers’ curiosity and anxiety, says Kimi
Mongello, SumAll’s office manager. “When it’s a secret you want to know it
more,” she says, noting that she and her colleagues rarely look at the data…

But open management can be expensive and time consuming: If any worker’s pay is
out of line with his or her peers, the firm should be ready to even things up or
explain why it’s so…

…couldn’t hire prized applicants without raising everyone else’s salaries or
getting them to agree to exceptions…”

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