Salary Crunch: What is the Price of Wage Transparency?

Whether or not wages should be kept confidential is a perennial hot topic. Even if an organisation keeps quiet about remuneration differences between staff, what people earn has an uncanny way of being revealed. And the likelihood is that employees with similar workplace responsibilities who are paid less than others will become de-motivated. A new study from the Australian School of Business finds that wage transparency can have negative effects on productivity and the quality of work. But experts say there are ways to manage this sensitive issue.