Difference between revisions of "Open salary"
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Latest revision as of 12:36, 30 August 2023
When I worked as a stockbroker, everyone in the office knew exactly how much the other people (well, not management, or administrative, but all other salespeople) were making. It was a lot different than the typical office environment where nobody knows other people's compensation unless it's shared secretly. The concept of "open salaries" where compensation is known to everyone is an interesting and beneficial concept to create a more democratic organization. Read about it at https://blog.uptech.team/the-complete-guide-to-self-defined-salaries-from-uptech-ea9cc7b2320c and https://blog.makersacademy.com/how-to-self-set-your-salary-6f4819361335
The concept fits into the organizational management style referred to as "Teal Organizations"
(Side note: https://opencollective.com/ is a site where some projects operate transparently to collect and fund operations from their community/sponsors)
More[edit | edit source]
- https://www.thepennyhoarder.com/make-money/companies-with-open-salaries/
- https://www.entrepreneur.com/article/272706
- https://www.wsj.com/articles/why-there-is-no-science-in-your-salary-1470153316
- https://www.payscale.com/hr/infographic-employee-engagement
Compensation and Salary Sources[edit | edit source]
The best salary research sites are Glassdoor, SalaryExpert, Salary.com, Indeed, and the Bureau of Labor Statistics (BLS) Occupational Outlook Handbook. You can use these resources to find the median or average salary for your job title in your area, the anticipated pay trajectory in your career path, and other related data points to help you make sound career decisions.[1]
Some additional sites and/or services that company HR teams use internally include
- https://radford.aon.com/en-us/products/surveys/technology-compensation-survey
- https://www.roberthalf.com/us/en/insights/salary-guide - Includes global data, not just US-centric.
- https://www.roberthalf.com/us/en/insights/salary-guide/calculator - will give you the quartiles for a given job title and location.
- https://www.randstadusa.com/employers/salary-insights/salary-guide/
- https://www.culpepper.com/Surveys/Compensation/Technology/
- https://www.culpepper.com/Surveys/Compensation/Jobs/ (Job Descriptions and Leveling Guides)
