CREDIT: Shutterstock SumAll, a data analytics company, makes all of its employees’ compensation public to everyone in the company. While it has taken some investment to make the system work, it has come with benefits that far outweigh the costs, CEO Dane Atkinson told ThinkProgress. Atkinson has started a number of companies and “through each of them have gotten smarter hopefully, a little bit each time.” One lesson he learned was the costs associated with keeping wages a secret.
Why This Company Decided To Make Its Salaries Public To All Employees
Think Progress
Fri, 06/27/2014 - 7:49am
Topics: credit shutterstock sumall ceo dane atkinson one productivity ivy league when asian sumall s in other buffer if why this company decided to make its salaries public to all employees sumall thinkprogress the transparency salary benefits compensation people team percent work tech companies costs feel exists added raise industry workers fact person coming stunning conversation wages system pay stress outweigh time started workplace female focused trust business candidates environment adopted women irrelevant higher offer
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