Re: [MTC Global] [Weekend Big Debate-I] Do you support Salary Transparency ?

In today's situation, in most private sector organisations, salary has become private and confidential and in many cases , even immediate bosses may not be aware of compensation of their subordinates.

Bosses are asked to give performance rating to their subordinates based on achievement of KRA's. However, final increment will depend upon appraisee manager's performance rating, competencies, market value  and potential to shoulder higher responsibilities.

It is generally decided by Corporate HR /   top management at corporate levels.

We find that old system of transparency in salary and  increments, like in govt. /  public sector, has been replaced by confidential and variable pay and increments in most private sector organisations today.

When range of  variability is large and market demand driven,  complete confidentiality has  better chances of reducing the feeling of envy and  discomfort among most employees, if implemented properly through structured transparent system of performance evaluation based on predefined measurement standards.

Regards,

Dr R P Singh

Sent from my Cyanogen phone

On 11 Jul 2015 16:44, "Prof. Bholanath Dutta" <bnath.dutta@gmail.com> wrote:

Undercurrent - a US based consultancy firm and Buffer-a social media management tool company making the news by encouraging the employees to make their salary public [ish].

IS there anything wrong ? If the company is professional and salary is linked with the performance.

Do you agree that such transparency is good for the health of the organisation [or individual] ?

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