Equality, Trust, and Higher Quality Employees: A Case for Open Salary Policies
Arya Recruiting Robotics
APRIL 26, 2016
In December 2013, social media management company Buffer rocked the HR world when it adopted an innovative idea: an open salary policy. In an attempt to be totally transparent with both employees and the public, Buffer released the formula it uses to calculate employee compensation as well as the salary and title of each employee. According to Buffer founder and CEO Joel Gascoigne , “transparency breeds trust, and trust is the foundation of great teamwork.”.
Let's personalize your content