1 / 8

Pay Secrecy

Pay Secrecy. OS352 HRM Fisher April 6, 2005. Agenda. Review case analysis in groups Discuss other examples. Small group discussion. Divide into groups based on your recommendation Sim Bakke Kay Tulgan Your own

lesley-schneider
Download Presentation

Pay Secrecy

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Pay Secrecy OS352 HRM Fisher April 6, 2005

  2. Agenda • Review case analysis in groups • Discuss other examples

  3. Small group discussion • Divide into groups based on your recommendation • Sim • Bakke • Kay • Tulgan • Your own • What are the strengths and weaknesses of that recommendation? Why did you choose it over the others?

  4. Why pay secrecy? • Why do companies often want to have pay secrecy? • Are there any downsides to pay secrecy for management?

  5. Legal Issues and Pay Secrecy • National Labor Relations Board prohibits policies that forbid discussions of pay • Companies have found more support for policies that prohibit revealing the entire pay structure • Confidentiality (trade secret argument) • Similar to a product formula or marketing strategy

  6. Examples • Service Merchandise (retailer) • Woman was fired in 1980’s for discussing wages • Was rehired, company had to rescind policy • Nursing home in Ohio • Woman was fired for helping co-workers discuss inequity problems with managers • Was rehired and paid back wages

  7. Whole Foods • Philosophy of employee empowerment, “no secrets” management • Team members participate in hiring decisions • Profit-sharing rewards distributed monthly • Salaries for all employees – including executives – published in each store • Strong financial performance over last five years Source: Fishman, C. (2004 July). The Anarchist’s Cookbook. Fast Company, 70-78.

  8. For next class • Employee benefits • Read chapter 13 • Bring benefits information from scavenger hunt. • Will distribute final essay questions. • SAP exercise 3 due on Friday at 3:00.

More Related