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Companies have stopped keeping employee salaries secret - & this happened…

Companies have stopped keeping employee salaries secret - & this happened…

It’s often advised against discussing personal information such as salaries at work, with its potential to unravel resentment and tensions among the workforce.

However, research has found that keeping salaries hush can actually harm performance, hiring and the organisation, David Burkus, an Associate Professor of Management at Oral Roberts University, and author of "Under New Management: How Leading Organizations are Upending Business as Usual", tells Business Insider.

He cites a study where participants were asked to complete data entry tasks. On completion, some of the group where shown their earnings plus the earnings of other participants.

Those who were given salary information "worked harder and significantly increased their performance" in the second round, write Burkus. In addition, high performers in the first round who were aware of their earnings, worked harder to maintain or exceed their performance in the second round.

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