Transparent or Secret Salaries?

Penelope Trunk—The Brazen Careerist—on why salaries should be transparent (and how to find out how much you should be paid).

Who is being protected by secret salaries? Certainly not the employee—the more transparent salaries are, the more accurately an employee can assess his or her value to a company.

You’d think that companies benefit from secret salaries and that’s why they keep them secret, but really, if salaries were 100% accurate—perfectly pegged at the employee’s worth to the company—then the company would have no problem revealing all salaries.