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Europe to End "Salary Secrecy": Employee Salaries to Become Public by 2026

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41–50 of 99 posts

Re: Europe to End "Salary Secrecy": Employee Salaries to Become Public by 2026

#41

The title makes it very easy to make incorrect assumptions about how this works. It’s not individual salaries that are made public, just ranges and averages

Having a range at all greatly reduces individual bargaining power. My understanding is that the EU has had a terrible time recently attracting and retaining both businesses and talent. I don't see how this will help solve their issue.

Re: Europe to End "Salary Secrecy": Employee Salaries to Become Public by 2026

#42

Clickbait. Google 'Directive 2023/970' for many better other articles A very amateur looking site too. Domain registered in 2023. Few Google references to the name. Can't handle HN load. The "About Us" contains a link to https://7bn.org/team , which gives a Cloudflare error and https://7bn.org returns a web hosting "Default Web Site Page" And 50 upvotes while the site isn't even loading? Hilarious

[deleted]

Re: Europe to End "Salary Secrecy": Employee Salaries to Become Public by 2026

#43

At least in Norway it's already public what everyone makes. I can look up the taxable salary information about anyone (so salary after deductions but it's probably ok close). Also, even without that, salary of public employees is part of the information you can request to view. I feel discussing salaries is quite common here. At work someone made a spreadsheet everyone fills their salary into if they want, experience…

You can look up tax lists in Norway but it's not anonymous since 2008. The person you look up will know that you did. While it is legal naturally it can have social consequences.

Re: Europe to End "Salary Secrecy": Employee Salaries to Become Public by 2026

#44

Title reads like there will be public access to all employees' salaris as of 2026. Obviously not quite the case. > {...} Given that the main objective of the measure is to reduce salary inequality, companies will have to make salaries or salary ranges for each position public. In addition, they will have to share with their employees the criteria used to set these remunerations. They will also have to provide informa…

Afaik this is often already done, for example: [0], page 50 among others.

[0]: https://www.fnv.nl/getmedia/89baa302-e76e-43da-a6f1-3eb983de...

Re: Europe to End "Salary Secrecy": Employee Salaries to Become Public by 2026

#45
post #28
post #19

Earlier quoted context omitted.

why would you try to do that?

To avoid the social consequences amongst your peers? Perhaps that's not an issue in Norway, but it's an issue in the US. I don't want my coworkers to know how much I make because if I'm making substantially more or less than them, it will affect how they perceive and interact with me.

Norwegian here.

This isn't really an issue, as far as I can tell. I feel in general most people get paid fairly, so if you're doing the same work as someone else the pay won't be that different.

I've always shared and talked salary with my coworkers, both when I was earning the least and the most of my coworkers. When I earned the least, they helped me with how to approach my boss for a raise; and now when I'm the best paid, I help my coworkers get what they deserve.

Re: Europe to End "Salary Secrecy": Employee Salaries to Become Public by 2026

#46
post #32

Hate to be pedantic but it's European Union or European Parliament, not Europe. And it's a directive, not a law. Also, "Employees Will Know How Much Their Colleagues Earn" is a false claim as this only reports salary ranges for the function and the average salary. 2026 is only for the Spanish implementation of this directive. And for Spain, it's only large companies that need to provide it by then.

Not to be a cynic but sometimes it seems directives are enforced more than laws in the EU.

That's not cynical at all, just misinformed about what the difference is between the two.

Laws are created by member states themselves, directives are the "goals" EU sets for the member states. Consider them "specifications" for the members to deal with the implementation of those specs.

Re: Europe to End "Salary Secrecy": Employee Salaries to Become Public by 2026

#48
post #16

At least in Norway it's already public what everyone makes. I can look up the taxable salary information about anyone (so salary after deductions but it's probably ok close). Also, even without that, salary of public employees is part of the information you can request to view. I feel discussing salaries is quite common here. At work someone made a spreadsheet everyone fills their salary into if they want, experience…

Does the salary info include investment income or income from other sources, or only salaries from corporations? If you work as a barista would your taxable information be available as well?

No it's just gross tax paid from which you can kinda-sorta guess the income but not always. Also the information is outdated by two or three years.

Re: Europe to End "Salary Secrecy": Employee Salaries to Become Public by 2026

#50

I actually think this is good for both employees and companies. Transparency makes the market more efficient.

Price transparency being a necessary condition of efficient markets is taught in microecon 101. The only reason prices are not transparent is because someone wants to (or thinks they are) profiting from the inefficiency in the market.
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