How Much Do You Get Paid?

Employers use “Information Asymmetry” in order to save money. If they have all the information on how much everyone in their organisation gets paid (and don’t share it with you), you are at a disadvantage when the time comes to negotiate your salary.

In this TED talk, David Burkus argues that everyone’s pay should be transparent and that this transparency promotes fairness in the workplace. Take a look at this video and tell me if you think that pay transparency is a good idea.