FEW ISSUES provoke as much ire among colleagues as a gaping pay discrepancy. When Pimlico Plumbers made staff salaries public as part of a reality show for
But a growing number of firms (mostly tech startups, including app developer Buffer and data analytics company SumAll) are now touting the benefits of the public payslip, claiming that it can improve accountability and morale in the long run. So is the final frontier of workplace secrecy about to be breached? MARGIN AND THE MODUS OPERANDI There are good reasons for keeping remuneration secret. First, from a financial perspective, transparency dilutes the bargaining power of the employer. Blissfully unaware of their future colleagues' pay, most new hires expect only a small increase on their previous job - a smart HR move like snapping up underpaid talent from a competitor helps keep margins wide. Knowledge of future peers' pay drastically improves a job applicant's hand, meaning salaries edge up to the level of existing staff.
And, as Pimlico Plumbers found, current employees are no less likely to use knowledge of peer pay to their advantage. Plunkett says that managing director
THE POWER OF SUNLIGHT For SumAll chief executive
A strong case has been made by equal pay campaigners. Discrimination is easy to detect under an open pay policy, and is less likely to occur in the first place. It's even been argued that government should mandate transparent salary polices - listed companies and public bodies typically have disclosure requirements already for very senior positions.
There's no doubting that the public payslip places a heavy burden on finance and HR departments. But with levels of privacy in the workplace already in decline, it's something increasing numbers of firms may look into.
Half productivity tool and half document sharing service, Quip combines group messaging and shared document updates into a single "chat-like thread of updates". Think of it as Facebook or Twitter, but for your group's project. Users can create and share documents from any device (mobile, tablet, desktop), and the app is compatible with documents from Dropbox,
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