While these policies have narrowed coworker wage gaps, they have also led to counterproductive peer comparisons and caused employers to bargain more aggressively, lowering average wages.
Wouldn’t this mean employers would want to implement wage transparency to lower costs? Are they sane enough to avoid this for other reasons (such as to retain high-performers)?
Wouldn’t this mean employers would want to implement wage transparency to lower costs? Are they sane enough to avoid this for other reasons (such as to retain high-performers)?