{"id":274841,"date":"2021-06-15T07:04:00","date_gmt":"2021-06-15T04:04:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/who-benefits-from-salary-transparency-not-everyone-new-study-suggests\/"},"modified":"2021-06-15T07:04:00","modified_gmt":"2021-06-15T04:04:00","slug":"who-benefits-from-salary-transparency-not-everyone-new-study-suggests","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/who-benefits-from-salary-transparency-not-everyone-new-study-suggests\/","title":{"rendered":"#\n  Who benefits from salary transparency? Not everyone, new study suggests"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3be26332c62\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3be26332c62\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/who-benefits-from-salary-transparency-not-everyone-new-study-suggests\/#In_some_cases_%E2%80%98pay_transparency_reduces_the_bargaining_power_of_employees_according_to_research_circulated_by_the_National_Bureau_of_Economic_Research\" >In some cases \u2018pay transparency reduces the bargaining power of employees,\u2019 according to research circulated by the National Bureau of Economic Research.<\/a><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/who-benefits-from-salary-transparency-not-everyone-new-study-suggests\/#Should_employees_still_push_for_more_transparency\" >Should employees still push for more transparency?<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/who-benefits-from-salary-transparency-not-everyone-new-study-suggests\/#Elisabeth_Buchwald\" >Elisabeth Buchwald<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  Who benefits from salary transparency? Not everyone, new study suggests<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"In_some_cases_%E2%80%98pay_transparency_reduces_the_bargaining_power_of_employees_according_to_research_circulated_by_the_National_Bureau_of_Economic_Research\"><\/span>\n  In some cases \u2018pay transparency reduces the bargaining power of employees,\u2019 according to research circulated by the National Bureau of Economic Research.<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div class=\"article__side\">\n<div class=\"container--sticky not-active\">\n<div id=\"cx-next\">\n              <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000305618\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       If you\u2019re shopping for a new car, most auto-experts would advise researching what consumers are paying for the car models you\u2019re interested in before entering a showroom so you know whether or not you\u2019re getting a good deal.\u00a0<\/p>\n<p> Similarly, career experts <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a>ly recommend that employees who are interested in negotiating a higher salary arm themselves with information on how much workers in similar roles make, either within their own firm or industry-wide.<\/p>\n<div class=\"paywall\">\n       But knowing too much about how much money each of your coworkers makes can ultimately backfire, one <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.nber.org\/system\/files\/working_papers\/w28903\/w28903.pdf?utm_campaign=PANTHEON_STRIPPED&amp;amp%3Butm_medium=PANTHEON_STRIPPED&amp;amp%3Butm_source=PANTHEON_STRIPPED\" class=\"icon none\">paper <\/a>titled \u201cEquilibrium Effects of Pay Transparency\u201d circulated on Monday by the National Bureau of Economic Research suggests.<\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetPullQuote\n            inline\n    scope-web|mobileapps\n  article__inset\n          article__inset--type-InsetPullQuote\n            article__inset--inline\n  \"><\/p>\n<div class=\"wsj-article-pullquote article__inset__pullquote \">\n<p class=\"pullquote-content article__inset__pullquote__quote\">\n        <span class=\"l-qt article__inset__pullquote__mark--left\">\u201c<\/span><br \/>\n        \u2018The problem that arises is if there\u2019s too much information and the employer knows this, it basically becomes impossible to exploit that information because you no longer have a unique advantage.\u2019<br \/>\n        <span class=\"r-qt article__inset__pullquote__mark--right\">\u201d<\/span><\/p>\n<p>        <small><br \/>\n          <span class=\"inset-author article__inset__pullquote__author\">\u2014 Brown University professor Bobak Pakzad-Hurson<\/span><br \/>\n        <\/small><\/p><\/div>\n<\/p><\/div>\n<p>       That\u2019s because \u201cpay transparency reduces the bargaining power of employees in settings where workers start out with a degree of individual bargaining power,\u201d wrote the paper\u2019s co-authors, Brown University professor Bobak Pakzad-Hurson and Harvard Business School professor Zoe Cullen.<\/p>\n<p> The report draws upon salary data collected by the U.S. Census Bureau from 2000 to 2016 from more than 4 million individuals in 18 states that had \u201cenacted policies specifically aimed at facilitating communication about pay between coworkers.\u201d<\/p>\n<p>The researchers found that wages declined by 2% overall three years after such laws were enacted. But there was an important exception: wages \u201cdeclined half as much in occupations with above-<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>n rates of unionization compared to occupations with below-median rates of unionization.\u201d<\/p>\n<h6><span class=\"ez-toc-section\" id=\"Should_employees_still_push_for_more_transparency\"><\/span><strong>Should employees still push for more transparency?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>In short, yes.<\/p>\n<p>\u201cFrom an individual worker level, it absolutely makes sense to gather as much information as you can,\u201d before you initiate a conversation with your employer to negotiate a higher salary, Pakzad-Hurson told MarketWatch. <\/p>\n<p>\u201cThe problem that arises is if there\u2019s too much information and the employer knows this, it basically becomes impossible to exploit that information because you no longer have a unique advantage.\u201d<\/p>\n<p>In such a situation, employers are likely to tell employees that they cannot give a particular individual a raise because everyone else will inevitably end up finding out about it and demand a raise as well, he said.\u00a0<\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>This suggests that in most cases it\u2019s in the employer\u2019s best interest to be transparent about pay to avoid costly and time-consuming salary negotiations.<\/p>\n<p>But higher levels of pay transparency won\u2019t necessarily enable employers to deny employees\u2019 requests for raises if they\u2019re part of a union. In which case, it\u2019s up to union leaders to collectively bargain on behalf of union members to ensure they\u2019re getting paid fairly relative to the market wage rate.<\/p>\n<p>Previous research has shown that while pay transparency can help close the pay gap between men and women in the short term , it can result in lower wages for everyone over time. <\/p>\n<p>Sharing information on salaries over the long term may have led employers to lower overall salaries rather than lifting women\u2019s salaries to the level of their male co-workers, the study, which looked at the impact of public-sector pay disclosure laws in Canada, suggested.<\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Elisabeth Buchwald\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Elisabeth_Buchwald\"><\/span>Elisabeth Buchwald<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B20C05575-04D4-B545-74A9-D26A6C8384FB%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Who benefits from salary transparency? Not everyone, new study suggests &#8221; In some cases \u2018pay transparency reduces the bargaining power of employees,\u2019 according to research circulated by the National Bureau of Economic Research. If you\u2019re shopping for a new car, most auto-experts would advise researching what consumers are paying for the car models you\u2019re&#8230;<\/p>\n","protected":false},"author":1,"featured_media":274842,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-274841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/274841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=274841"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/274841\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/274842"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=274841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=274841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=274841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}