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Dan Luu /
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2023-09-06 18:07:11

Dan Luu on Nostr: Why is it that tech companies that have strict pay transparency tend to pay less than ...

Why is it that tech companies that have strict pay transparency tend to pay less than not only high paying tech companies but also moderately well paying tech companies?

And not just at the high end, where I think this result would be expected by everyone, but also for median pay.

When pay transparency started getting trendy, I was excited because companies use pay secrecy as a way to underpay, but it turns out companies use pay transparency as a way to underpay by even more. What gives?
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