Courtney Vinopal
speaker
47 appearances
1 recordings
1 series
first heard Mar 2023
last heard Mar 2023
Courtney Vinopal’s voice in public audio — every appearance, attributed to the second.
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There is a prevailing fear among a lot of human resources executives and employers that sharing too much information about pay can cause workers to become demotivated and look for a higher paying job.
Thanks for having me.
So I think there is a prevailing fear among a lot of human resources executives and employers that sharing too much information about pay can cause workers to become demotivated and maybe look for the exit door, look for a higher paying job.
I think a lot of people have been in that scenario before.
They find out that they're making less than their coworkers at a similar level, and it can be very discouraging.
So I think that is the prevailing fear among a lot of employers right now.
Yeah, so pay transparency, while it's just coming to a lot of companies, it has been the case that academics at public universities know their peers' salaries for a number of years now.
That's because of transparency efforts by state agencies and news organizations.
So a recent paper looked at this in the context of academia, and they tracked how pay transparency affected productivity among academics in eight different states.
after pay transparency took effect.
So they actually found that among these academics, there was no discernible dip in productivity in the years after pay transparency took effect in these states.
If anything, it spurred them to work harder.
This was actually the case among academics who found out that they were making more than their peers performing at similar levels.
They, for example, produced 7% more articles in the years after
salary transparency was revealed.
So that was a sort of surprising counterintuitive finding of this study.
And I think what it says is that at least in the context of academia, there was no discernible dip in productivity as academics found out more information about their peers' salaries.
That actually wasn't the case.
So there was one important exception to the overall findings here.
And that was when pay transparency revealed high levels of inequity within an institution or department, meaning that there were big pay disparities among workers performing at similar levels.
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