{"id":258,"date":"2015-02-17T18:34:59","date_gmt":"2015-02-18T02:34:59","guid":{"rendered":"http:\/\/sintelsystemspos.com\/?p=258"},"modified":"2015-02-23T11:35:25","modified_gmt":"2015-02-23T19:35:25","slug":"salary-transparency-to-share-or-not-to-share","status":"publish","type":"post","link":"https:\/\/sintelsystemspos.com\/ar\/salary-transparency-to-share-or-not-to-share\/","title":{"rendered":"Salary Transparency: To Share or Not to Share?"},"content":{"rendered":"<p>Entrepreneur.com explores the issue of employee compensation transparency in a recent article weighing the related pros and cons.<\/p>\n<p><em id=\"__mceDel\"><a href=\"http:\/\/www.sintelsystems.com\/wp\/wp-content\/uploads\/2013\/06\/76801143.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignleft size-medium wp-image-5837\" src=\"http:\/\/www.sintelsystems.com\/wp\/wp-content\/uploads\/2013\/06\/76801143-300x200.jpg\" alt=\"76801143\" width=\"300\" height=\"200\" \/><\/a><\/em><\/p>\n<p>As a business grows, making case-by-case salary decisions may no longer make sense, and may &#8220;cause employees to speculate, often inaccurately, and gossip about who earns how much. This dynamic can distract them from doing their jobs.&#8221;<\/p>\n<p>Some entrepreneurs are adopting an open stance on what everyone&#8217;s earning, while others consider this &#8220;crazy.&#8221;<\/p>\n<p>Core issues regarding employees&#8217; views of their compensation package:<\/p>\n<ul>\n<li>Employees perceive salary decisions as arbitrary and presume they&#8217;re unfair.<\/li>\n<li>Employees view their performance differently than you do.<\/li>\n<li>Employees are confused about how the performance and compensation system works.<\/li>\n<\/ul>\n<p>Strategies to address these issues include:<\/p>\n<ol>\n<li>Define every position in the company and develop a salary formula for each.<\/li>\n<li>Regularly communicate to employees about performance expectations and where they stand in living up to them \u2014 both officially in an annual review and informally on an ongoing basis.<\/li>\n<li>Educate employees on your performance and compensation system, department by department, whether they ask or not.<\/li>\n<\/ol>\n<p>&#8220;Once you&#8217;ve followed these three steps, you&#8217;ll have an objective, systematic and well-communicated approach to inform your company&#8217;s performance and salary decisions. At that point, whether or not you make salaries transparent will be a moot point because you&#8217;ll have effectively eliminated the underlying issues.&#8221;<\/p>\n<p>Read the full post <a href=\"http:\/\/www.entrepreneur.com\/article\/226665#ixzz2VSG4RdsW\">here<\/a>.\u00a0In a separate post, Entrepreneur shares five ways startups can\u00a0<a href=\"http:\/\/www.entrepreneur.com\/article\/226567\" target=\"_blank\">attract rock star employees on a budget<\/a>.<\/p>\n<p><a href=\"http:\/\/www.sintelsystems.com\/\">Sintel Systems<\/a> is a quality provider of tailored Point of Sale systems across retail, restaurant and service industries, including <a href=\"http:\/\/www.sintelsystems.com\/point-of-sale\/food-service\/frozen-yogurt\">frozen yogurt shops<\/a>,\u00a0<a href=\"http:\/\/www.sintelsystems.com\/point-of-sale\/food-service\/pizza\">pizzerias<\/a>, <a href=\"http:\/\/www.sintelsystems.com\/point-of-sale\/food-service\/sushi\">sushi restaurants<\/a>, <a href=\"http:\/\/www.sintelsystems.com\/point-of-sale\/food-service\/coffee-77\">caf\u00e9s<\/a>\u00a0and\u00a0<a href=\"http:\/\/www.sintelsystems.com\/point-of-sale\/retail\">retail stores<\/a>.<\/p>\n<p>As a single source for business solutions, our experienced, knowledgeable team negotiates the complex POS landscape to enable you to find the right POS system for your business and budget.\u00a0\u00a0<a href=\"http:\/\/www.sintelsystems.com\/point-of-sale\/pos-supplies\/hardware\">Hardware<\/a>\u00a0&#8211;\u00a0<a href=\"http:\/\/www.sintelsystems.com\/point-of-sale\/pos-supplies\/software\">Software<\/a>\u00a0&#8211;\u00a0<a href=\"http:\/\/www.sintelsystems.com\/catalog\/category\/view\/id\/118\">Support<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Entrepreneur.com explores the issue of employee compensation transparency in a recent article weighing the related pros and cons. As a business grows, making case-by-case salary decisions may no longer make sense, and may &#8220;cause employees to speculate, often inaccurately, and gossip about who earns how much. This dynamic can distract them from doing their jobs.&#8221; [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-258","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-uncategorized","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/sintelsystemspos.com\/ar\/wp-json\/wp\/v2\/posts\/258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sintelsystemspos.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sintelsystemspos.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sintelsystemspos.com\/ar\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sintelsystemspos.com\/ar\/wp-json\/wp\/v2\/comments?post=258"}],"version-history":[{"count":1,"href":"https:\/\/sintelsystemspos.com\/ar\/wp-json\/wp\/v2\/posts\/258\/revisions"}],"predecessor-version":[{"id":259,"href":"https:\/\/sintelsystemspos.com\/ar\/wp-json\/wp\/v2\/posts\/258\/revisions\/259"}],"wp:attachment":[{"href":"https:\/\/sintelsystemspos.com\/ar\/wp-json\/wp\/v2\/media?parent=258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sintelsystemspos.com\/ar\/wp-json\/wp\/v2\/categories?post=258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sintelsystemspos.com\/ar\/wp-json\/wp\/v2\/tags?post=258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}