Being transparent about pay can do more harm than good
There’s a lot of talk about the desire for companies to be transparent about how much they pay people. Proponents argue it will end discrimination and boost morale at the organization.
But Todd Zenger, N. Eldon Tanner Chair in Strategy and Strategic Leadership and Presidential Professor at the David Eccles School of Business, argues that it can actually do more harm than good.
Read his latest findings in the Harvard Business Review.
Also, check out a podcast about his recent book, Beyond Competitive Advantage: How to Solve the Puzzle of Sustaining Growth While Creating Value, also published by Harvard Business Review Press.