How much do you get paid? How does it compare to the people you work with? You should know, and so should they, says management researcher David Abbott Burkus. In this talk, Burkus questions our cultural assumptions around keeping salaries secret and makes a compelling case for why sharing them could benefit employees, organizations, and society.
Type of Material:
Presentation
Recommended Uses:
In-class discussion about salaries in different careers
Homework to find out which organizations share salaries depending on positions
Professional developmen
Technical Requirements:
Mozilla Firefox 121.0, Chrome
Identify Major Learning Goals:
Able to highlight the awareness of pay transparency to cite reasons that it benefits employees, organizations, and society.
Understand salary transparency
Understand the need to eliminate the secrecy, and more effectively reduce conflict.
Target Student Population:
Upper-level management students
Graduate business students
Prerequisite Knowledge or Skills:
None
Content Quality
Rating:
Strengths:
The speaker discusses the benefits of pay transparency because keeping salaries secret leads to information asymmetry where one party has far more information than the other and secrecy can save a lot of money for companies.
Pay secrecy also makes it possible to ignore gender wage gaps in current discrimination.
Examples of pay transparency with a couple of companies.
Concerns:
Some statistics were stated to explain the benefit of pay transparency but not in detail.
Although research is mentioned, specifics are not included in the presentation.
Potential Effectiveness as a Teaching Tool
Rating:
Strengths:
This material can be shared in a business and/or economics class to discuss market trends.
Pay correlates with supply and demand.
This YouTube topic could generate a research project.
He proposes those who have the authority to move toward salary transparency should move toward providing transparency and recommends that others stand up for the need to make this move.
Concerns:
Terms were used but not explained in detail for the viewer to understand the depth of the study, ie, information asymmetry and pay secrecy. For instance, the organization could have a pay secrecy policy.
He mentions studies that support pay transparency but does not provide specifics to support his proposal.
Ease of Use for Both Students and Faculty
Rating:
Strengths:
This presentation would be easy to insert into a course focused on leadership and/or HR and could be especially beneficial to entrepreneurs and startups. In professional development, this is a consideration for leadership as well as for employees who want to move toward pay transparency.
David Abbot Burkus was clear in his voice and tone.
The site was easy to navigate.
The YouTube was easy to stop and repeat the information for clarity and for note taking.
Concerns:
None.
Creative Commons:
Search by ISBN?
It looks like you have entered an ISBN number. Would you like to search using what you have
entered as an ISBN number?
Searching for Members?
You entered an email address. Would you like to search for members? Click Yes to continue. If no, materials will be displayed first. You can refine your search with the options on the left of the results page.
Searching for Members?
You entered an email address. Would you like to search for members? Click Yes to continue. If no, materials will be displayed first. You can refine your search with the options on the left of the results page.
