Odd But
I've never really understood why pay rates (and other remunerations) are considered confidential information. I'm always open and honest about what salary or contract rate I'm on and will happily share the information. I understand some people might get embarrassed or ashamed. Or that keeping employees and contractors from knowing each others pay rates can be used to cover up dubious policy or to hide embarrassing inequalities, stinginess or excesses. There might be some talk of leaking competitive information but again that is just another version of corporate shame and obfuscation. Can anybody tell me a good and legitimate reason to keep employee, contractor and director pay rates secret?