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The taboo subject of salaries. We know so much about people around us, but the one thing we don't know is what they're worth or how much they make. An open salary is something that only a few companies i've seen do. If companies were to be sharing all this information fully publicly, i think there may be an argument that companies should have more clarity and transparency over how they pay people. But just it strikes me as the surface, mostly a bad idea.

With the exception of a few companies like Buffer and GitLab, 99.99%+ of companies opt to keep their salaries closed. This closed nature creates information asymmetry and at times, inequity in the workplace.

Lack of transparency gives companies a hall pass to not develop a robust compensation system, but at the same time, sharing salaries openly isn't without its pitfalls, including privacy and the tendency for people to over-compare themselves to others.

In this episode, Steph and Cal debate whether companies should share their pay methodology or even fully open up their book. They share a range of studies, including results from Norway, a country that has shared their tax returns publicly since 1863.

If you've felt the information asymmetry in the workforce or are considering how you can get more out of your career, this episode is for you.

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