This blog is about improving the relationship between organizations and the people who work for them. And, it’s dedicated to the millions of people around the world who go to work every day wanting to do a great job.
“Open book policy can inspire staff”
This headline from the today’s newspaper caught my eye. The article describes the experience of two businesses that had successfully implemented an open book policy with employees.
Pretty courageous for privately held businesses I thought. And then I read this… “Although bullish on open-book financials, there is one line element you won’t see passed around among employees: salaries. “Revealing individuals’ salaries “would create too much drama,” Mr Sim. “Maybe one day we will figure out the salary thing, but our culture isn’t ready for that level of discourse.””
Is it the culture that’s not ready? I wonder.
Imagine if salary structures were as competitive, equitable and fair as we tell employees they are. Why couldn’t we? Why wouldn’t we share this information?