tag:blogger.com,1999:blog-7414512759580466.post3526677824858969743..comments2024-03-10T18:59:15.180-04:00Comments on Software on the Side: When people lack good information: Quote of the WeekMike Clementhttp://www.blogger.com/profile/07418040981494491081noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7414512759580466.post-42000999831786411322009-03-25T11:08:00.000-04:002009-03-25T11:08:00.000-04:00Personal items (health issues and personal finance...Personal items (health issues and personal finances) are something that people can share when they want to share. But compensation isn't a personal thing, it's a company decision. It's the company's way of saying "I value this person's contribution this much". If the company can't be open about how much they value (or don't value) their employees, there are other cultural issues at work, generally because they are overpaying or underpaying individuals and they don't want to fix the problem. Keeping it open means that they can't underpay those that perform well but don't have the "political" skills to get the raises they deserve nor can they overpay those that have "tenure" and may have performed well at one point but haven't kept up.<BR/><BR/>Unfortunately it's kind of a chicken and egg problem. If the culture was such that having salary info be open, then many of the root issues wouldn't exist and therefore people wouldn't care if it was open or not because management would be trusted.Mike Clementhttps://www.blogger.com/profile/07418040981494491081noreply@blogger.comtag:blogger.com,1999:blog-7414512759580466.post-18827589255001949272009-03-25T09:21:00.000-04:002009-03-25T09:21:00.000-04:00Transparency and general information sharing is aw...Transparency and general information sharing is awesome, but sometimes you can take it too far. For example, discussing personal details (e.g., health care, compensation, and personal finances) in group settings is a bad idea, even in the name of encouraging employees' to make more financially-based decisions. This strategy encourages speculation and gossip, and ultimately destroys morale while ostracizing individuals.<BR/><BR/>Any time you hear (or find yourself saying) "I don't want to single anyone out", or "Let's take so-and-so's situation as an example" you are in the danger zone.Anonymousnoreply@blogger.com