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Ask HN: Why not make everyone's salary public?

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Re: Ask HN: Why not make everyone's salary public?

#21
PS: My comment relates to economy as a whole and not just implementation within a specific company.

Not having access to information is one of the things that makes an economy suboptimal, so overall, I think making salaries public should be good.

At least some of the issues in actually implementing the above is the impact of the transition. The economy becomes more optimal if everyone takes this new information to make intelligent decisions about themselves (and not be caught up with pure jealousy type of things), and the resulting shuffling balances the salaries out again according to people contribution/skill levels. During the transition however, a lot of messy things would happen, leading to short-term losses in the economy.

I generally hear that such transitions often have to be slowed down considerably and implemented in phases to not have negative spiraling effects on the economy, like the stock of an underpaying company going down considerably even if the company as such was doing good, or HR salaries overshooting because of the sudden overload that may come.

I highly welcomed glassdoor.com when it showed up.

Re: Ask HN: Why not make everyone's salary public?

#24
post #9
post #7

In Norway, the salaries are public. I have never lived there, but a colleague who has worked in Norway told me that it was a pain, not because your neighbours know your salary, but because people can target you commercially as they know how much you can afford. But apart from that, nobody cares.

I live in Norway. Its not the salaries per se that is public, but how much you pay in tax. But from that you can quite accurate estimate someones salaries. Your capital assets are also public. This is nice reading for all kinds of scammers. Thus list are actively being analysed by banks and financial institutions when soliciting potential customers, and burglars are literally driving around with thus list when lookin…

> burglars are literally driving around with thus list when looking at houses to break into.

That surprises me. You could just pick a random home in the right area and hit the jackpot every time.

Re: Ask HN: Why not make everyone's salary public?

#25
post #24
post #9

Earlier quoted context omitted.

I live in Norway. Its not the salaries per se that is public, but how much you pay in tax. But from that you can quite accurate estimate someones salaries. Your capital assets are also public. This is nice reading for all kinds of scammers. Thus list are actively being analysed by banks and financial institutions when soliciting potential customers, and burglars are literally driving around with thus list when lookin…

> burglars are literally driving around with thus list when looking at houses to break into. That surprises me. You could just pick a random home in the right area and hit the jackpot every time.

That surprises me. You could just pick a random home in the right area and hit the jackpot every time.

Doing your burglaries in the right area is impotent, but for what I can gather from reading the newspapers professional burglars also looks at other things to maximize their profit.

For example in an area you can have to houses that looks the same, but one is own by a couple that is old and not that rich. They do have the money to live there, but barely so they don't spend that much. In the other house you have someone that is younger and just got rich. They will be more likely to have movable objects like jewelry, Loui Vuitton handbags and a new TV one can steal.

The local junkies are of course just breaking into random apartments, but a lot of the burglaries her is done by professorial teems. They want to know what to expect when burglarizing someone.

Re: Ask HN: Why not make everyone's salary public?

#26
post #7

In Norway, the salaries are public. I have never lived there, but a colleague who has worked in Norway told me that it was a pain, not because your neighbours know your salary, but because people can target you commercially as they know how much you can afford. But apart from that, nobody cares.

The relatively low inequality in Norway probably reduces reasons for people to care, since a large segment of the population make very similar incomes. I live in Denmark, and among "regular" professionals there is very little friction over salary because everyone makes similar salaries— you only deviate significantly upwards if you go to things like finance or start a successful company, and you deviate downwards if…

The relatively low inequality in Norway probably reduces reasons for people to care, since a large segment of the population make very similar incomes.

People do care a lot. When thus tax list gets published the newspapers don’t write about anything else for a week :) The data is extensively mined. Maps and list are produced an mass to show things like: * Who are the riches in your area? * Where do the poor people live? * What is the average income in your profession?

For 99% of the Norwegian population, there tax record will be the first hit on Google for their name. If you as a male goes on a date with a girl, you can be sure she has viewed your tax record. So will here parents as soon as they learn your name (there is an app for that).

When thus list didn't required a log in there also was a Facebook app that displayed the income for all your friends.

Re: Ask HN: Why not make everyone's salary public?

#27
If you make salaries public you can't screw someone over on pay while making them feel great.

I worked at a small company a big company bought bought and moved from the finance group to the business development group and kept my salary the same, another business development person who had our key accounts was paid 60% of what I was because she had been promoted twice in a few years. Her salary was rising at double digits a year, but was still far under where her peers were. Getting 12-15% raises every year feels great, until you learn you make a lot less than others. The company was going to easily save over 150k in salary moving her up to the average over a period of years.

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