PAY TRANSPARENC

  The lecturer says that openness about salaries leads to ________.

•   better negotiation skills for employees

•   uncomfortableness and more arguments

•   fewer arguments and fewer people leaving their jobs

• more interesting employee discussions but more people quitting their jobs

The lecturer states that ________.

•   laws limit the rights of workers to talk about their pay in many countries

• laws in almost every country give workers the right to discuss their pay openly

• most countries allow businesses to decide if there should be pay transparency

•   the laws about pay transparency are changing in many countries

  What did Dorothy Parker and Robert Sherwood do when their employer said they could not discuss their pay openly?

• Quit their jobs

• Asked for a wage increase        

• Sent an e-mail to colleagues and learned their salaries

• Wrote their salaries on signs that everyone could see

  According to the lecturer, what happens when an employer has “information asymmetry”?

• Employees get paid different amounts for the same job.

•    Only a few employees get yearly raises.

•   Employees learn to negotiate effectively.

• Employees all get low wages.

According to the lecturer, which of the following is NOT a result of pay secrecy?

• A Arguments             

• Longer working hours    

• Dissatisfaction   

• Discrimination   

   Which of the following statistics is correct according to the lecturer?

• One-third of employees surveyed felt they did not get a fair wage.

• One-half of employees surveyed felt they didn’t get a fair wage.

• There is a 23% difference between male and female salaries.

• There is a 33% difference between male and female salaries.

    According to the lecturer, what is more uncomfortable than having others know how much money you make?

• Always wondering if you are paid fairly 

• Always wondering if you will get a pay increase

• Knowing that a colleague makes more money than you

•    Knowing that a colleague makes less money than you

   

  The lecturer states that compared to employees at a typical company, employees at SumAll ________.

• argue more      

• do less to improve performance

•    remain with the company longer

•    work longer hours

When the lecturer talks about how companies carry out pay transparency, he says that ________.

• full pay transparency is better

• partial pay transparency is better         

•    neither full nor partial transparency works well

• both full and partial transparency can work well

   Which group(s) of people does the lecturer say should take steps to make pay more open?

• Only government officials         

• Only employers            

• Both government officials and employees

•   Both managers and employees