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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then overall productivity actually decreased.
And the researcher I spoke with thinks that that was because these workers realized they were operating in an environment that wasn't fair.
So whether they were being overpaid or underpaid, it caused them to lose motivation.
We're not sure, I guess, is the short answer.
One study that I looked at from a number of different researchers, one researcher is based at UCLA.
It's a model which suggests that workers who are overconfident in their abilities, so they assume that they will make more than most of their peers, once it's revealed that they're actually making in line with what their peers make,
they become dissatisfied and unhappy.
I will say that this study also found that employers don't have to reveal the granular details of their compensation structure to motivate workers.
A separate study that was led
in part with this researcher at UCLA that I spoke to, found that students who participated in a computer game and were paid for that tried harder when they found out what their peers earned.
And they didn't have to find out what each individual peer earned to work harder.
They just had to know what the average peer was earning, and it would motivate them to work harder.
So I think that suggests that employers don't have to necessarily reveal the nitty-gritty details of their pay structure to see these motivating effects.
Yeah, so I think a lot of HR departments are grappling with how much information they should be sharing with employees.
The laws that have taken effect, obviously, a lot of times only require them to just share salary ranges.
But there is some evidence coming out of these studies, I think, that sharing employees
Information for how employees can progress within an organization and what they need to do to get to a certain level can actually be motivating.
But I think HR departments really have to think about how they want to reveal that information.
And they have to think about maybe training their managers to have those conversations because they can be tricky conversations to have.
The HR executives who I spoke to that are putting resources behind this have attested that it has been motivating.
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