Comments on: Figure out how much you should be paid (and three cheers for transparent salaries) http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/ Advice at the intersection of work and life Fri, 19 Mar 2010 13:54:46 -0600 http://wordpress.org/?v=abc hourly 1 By: Benjamin http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/comment-page-3/#comment-219942 Benjamin Tue, 02 Feb 2010 22:55:30 +0000 http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/#comment-219942 If you actually understood compensation then you would probably not have written this article. HR does not benefit much from keeping salaries hidden or broadcasting them. Competition would be bigger and salaries may or may not become inflated for positions across industries. HR does not often decide on the final number given. Outside of transparent salaries, who out of anyone reading - or anyone working within a company, would want anyone to know what they make. It is noone's business. There are many aspects on the legal side that would make transparent salaries very difficult for any size company. Take a basic Compensation Law course and you may think again. But you may soon understand the ramifications sense you will be posting all your salaries for everyone to see. <a href="http://rethinkhr.org" rel="nofollow">ReThinkHR.org</a> <a href="http://twitter.com/BenjaminMcCall" rel="nofollow">@BenjaminMcCall</a> If you actually understood compensation then you would probably not have written this article. HR does not benefit much from keeping salaries hidden or broadcasting them. Competition would be bigger and salaries may or may not become inflated for positions across industries. HR does not often decide on the final number given.

Outside of transparent salaries, who out of anyone reading – or anyone working within a company, would want anyone to know what they make. It is noone's business.

There are many aspects on the legal side that would make transparent salaries very difficult for any size company. Take a basic Compensation Law course and you may think again. But you may soon understand the ramifications sense you will be posting all your salaries for everyone to see.

ReThinkHR.org
@BenjaminMcCall

]]> By: hana http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/comment-page-3/#comment-219934 hana Tue, 02 Feb 2010 21:33:35 +0000 http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/#comment-219934 good article.i totally agree that only HR benefits from this situation.also, companys keep salary a secret and make you sign that you are not alowed to tell others in the office, but once there is a lay off every get hurt excpet the CEO. i just read this article about getting a raise at : http://www.theofficesurvivor.com/2010/01/getting-a-raise-6th-preliminary-actions-before-the-battle/ Hope your article and others out there will help us all. good article.i totally agree that only HR benefits from this situation.also, companys keep salary a secret and make you sign that you are not alowed to tell others in the office, but once there is a lay off every get hurt excpet the CEO.
i just read this article about getting a raise at :
http://www.theofficesurvivor.com/2010/01/getting-a-raise-6th-preliminary-actions-before-the-battle/
Hope your article and others out there will help us all.

]]> By: Restless Like Me » Archive » Save Your Generation http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/comment-page-2/#comment-210140 Restless Like Me » Archive » Save Your Generation Mon, 12 Oct 2009 18:08:34 +0000 http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/#comment-210140 [...] Also, there is a movement to make salaries transparent. Funny, but I am not really a part of either. I currently make more than my mother or father do. [...] [...] Also, there is a movement to make salaries transparent. Funny, but I am not really a part of either. I currently make more than my mother or father do. [...]

]]> By: Transparency is good, but scary | Chaosophist http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/comment-page-2/#comment-186811 Transparency is good, but scary | Chaosophist Thu, 04 Jun 2009 21:12:29 +0000 http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/#comment-186811 [...] http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/ [...] [...] http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/ [...]

]]> By: Michael http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/comment-page-2/#comment-186673 Michael Tue, 02 Jun 2009 22:41:28 +0000 http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/#comment-186673 complete information is the way to go.....no more monetary discrimination in the work place complete information is the way to go…..no more monetary discrimination in the work place

]]> By: Shad Aumann http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/comment-page-2/#comment-186408 Shad Aumann Thu, 28 May 2009 14:50:18 +0000 http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/#comment-186408 Joel Spolsky, president of Fog Creek Software, does a fantastic job of running his company in an extremely transparent manner. They continually reap the benefits of this practice, having their pick of the top world's top talent. His article about the <a href="http://www.joelonsoftware.com/items/2009/04/01.html" rel="nofollow">compensation system</a> at Fog Creek Software is an excellent example. I have cataloged <a href="http://blog.shadit.com/2009/04/23/joel-spolsky-for-recruiters/" rel="nofollow">several other examples</a> in a related post on my blog. Joel Spolsky, president of Fog Creek Software, does a fantastic job of running his company in an extremely transparent manner. They continually reap the benefits of this practice, having their pick of the top world's top talent.

His article about the compensation system at Fog Creek Software is an excellent example.

I have cataloged several other examples in a related post on my blog.

]]> By: Travl http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/comment-page-2/#comment-182797 Travl Fri, 20 Mar 2009 12:10:07 +0000 http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/#comment-182797 I agree. It's nice to have transparent salaries but it will almost certainly mean that people will have big issues with one another about who makes what and people will eventually try to sabotage one another. I agree. It's nice to have transparent salaries but it will almost certainly mean that people will have big issues with one another about who makes what and people will eventually try to sabotage one another.

]]> By: Management, Human Resources, and Life in a Customer Focused World » Transparent Salaries http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/comment-page-2/#comment-180955 Management, Human Resources, and Life in a Customer Focused World » Transparent Salaries Thu, 12 Feb 2009 17:52:32 +0000 http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/#comment-180955 [...] One of the blogs that I read is by Penelope Trunk called the Brazen Careerist. She’s got some very interesting topics and subjects that she covers. In July of ‘08, she wrote a post called: Figure out how much you should be paid (and three cheers for transparent salaries) [...] [...] One of the blogs that I read is by Penelope Trunk called the Brazen Careerist. She’s got some very interesting topics and subjects that she covers. In July of ‘08, she wrote a post called: Figure out how much you should be paid (and three cheers for transparent salaries) [...]

]]> By: Chester Bunny http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/comment-page-1/#comment-179543 Chester Bunny Sun, 18 Jan 2009 19:10:54 +0000 http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/#comment-179543 Wow, you don't have a clue. There is a lot of data on this. Wow, you don't have a clue. There is a lot of data on this.

]]> By: Chester Bunny http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/comment-page-1/#comment-179542 Chester Bunny Sun, 18 Jan 2009 19:06:33 +0000 http://blog.penelopetrunk.com/2008/07/11/how-to-figure-out-how-much-you-should-be-paid/#comment-179542 A company cannot forbid employees below the supervisor level from discussing their pay. This would be a violation of the National Labor Relations Act. A company cannot forbid employees below the supervisor level from discussing their pay. This would be a violation of the National Labor Relations Act.

]]>