Re: perspective on rates

[Keith Hood <klhra -at- yahoo -dot- com>]

That's still "good" defined for the company's purposes, of course. That reasoning doesn't apply in most industries or at most employment levels. Companies that sew curtains or make coat hangers don't spend a lot of time and money raiding each other's staff.

It seems to me that 90% of the real reason why companies insist on keeping that information quiet is to deny employees a bargaining tool. "Hey, I found out you're paying Barney 12% more than I get for the same job. I want a raise."

Of course, as I read in an article some years ago, under the heading of being careful what you wish for, a worker may regret finding out why Barney makes more. Nobody wants to discover that a co-worker is considered more valuable, for whatever reason. It's especially bad if you find the co-worker gets more for reasons beyond your control. The emotional reaction to something like that can all too easily cause people to self-destruct.


--- On Tue, 10/21/08, Gene Kim-Eng <techwr -at- genek -dot- com> wrote:

> 
> The only good reason for a company to want to keep
> its employee salary data confidential is to prevent its
> competitors from using it to gain an advantage in
> hiring away its employees.
> 



      
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