Pay Secrecy

Essay specific features

 

Issue:

Business

 

Written by:

William R

 

Date added:

February 11, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 575

 

Was viewed:

1230 times

 

Rating of current essay:

 
Essay content:

If an organization chooses not to have pay secrecy it is imperative that the organization keeps its salary chart in order. There are many advantages and disadvantages of pay secrecy. The most important advantage of pay secrecy is to protect the privacy of individuals. If pay secrecy is not a policy then salaries can become public information...
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If pay secrecy is not a policy then salaries can become public information. Companies that choose to have pay secrecies are usually ones where salaries vary quite a bit within a pay scale. There are many reasons this could happen. It is a lot of work to develop a salary chart and keep it clean. Some companies, especially ones who have already let the salary chart get out of hand, have pay secrecy as a policy because it is easier then keeping the salary chart straight...
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