Is Your Company Hiring Frieze?

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The most common time that i see this happening is where they focus too much on input and not output, or the impact that they're actually driving. There's a lot of new age philosophy that just permeates all our brains - we should do everything to make our employes happy. But at the end of the day, when you are going to work for a company, one thing that is mature is recognizing your role as an employee. And it's sometimes tricky to see, but that's valuable, i guess.

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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