Money
Openness over pay can boost staff morale, says Hudson
R E L A T E D   C O N T E N T
ADVERTISEMENT

IT salaries need transparency

Two in three employees would reveal their wages in exchange for pay equality

Neon Kelly, Computing 01 May 2008
ADVERTISEMENT

Nearly two thirds (62 per cent) of IT workers would be prepared to reveal their salaries to their colleagues in order to gain fairer wages.

And roughly seven out ten (68 per cent) employees believe that senior managers should be forced to disclose their earnings, according to recruitment consultancy Hudson.

Two in three male workers surveyed by the firm were prepared to reveal their salary, compared with almost half of female staff.

Over half (61 per cent) of respondents believed that increased transparency over pay would help to bridge the gender pay gap, which currently rests at around 17.5 per cent for identical jobs conducted by men and women.

"IT professionals are ready to break one of the biggest taboos in the workplace – revealing salaries – in order to ensure true equality of pay," said Luke Archer, director at Hudson.

"The gender pay gap persists, and businesses that neglect to address it are risking alienating half their workforce. Those that promote equality and back this up with visible action will prosper – particularly in an economic climate where retention of the right talent will become more business-critical."

While full disclosure across all levels is unlikely to be possible at many companies, an increase in openness can help to life staff morale, said Archer.

One thousand UK staff were questioned in the survey.

See also:

Job applicationTech staff seek more profitable climes  30 Apr 2008
InterviewUS survey finds almost a third of workers will accept a lower salary to work for a greener firm, with younger workers most keen to find an environmentally friendly employer  21 Apr 2008
Can new legislation on Income shifting be made to work by 2009?  25 Apr 2008
LondonPremium applies to working in the capital  17 Jan 2008

All IT Careers and skills
Tags: Skills, Management, Finance, Strategy

Like this story? Spread the news by clicking below:

Post this to Delicious del.icio.us    Post this to Digg Digg this    Post this to reddit reddit!

Permalink for this story

M A R K E T P L A C E
Sponsored links
F E A T U R E D   J O B S
| Aston Carter
C++ Research Developer Global Pharmaceutical Company London C++ Research Developer Biotechology Global Medical Company London Global Biotechnology Company specialising in the research and development of cutting edge health care products is looking for an innovative, ... more >
| Aston Carter
Your role will be working on direct market access and exchange connectivity part of the application built in C++ on a Unix platform. The team is currently just 9 people including architect and team lead, ... more >
| Aston Carter
This is a fantastic opportunity working for a leading global software house, which is part of a larger multi media company. The role is working in the core development team in central London developing a ... more >
| Aston Carter
C++, Developer, OO, Unix/NT, API, London, City, Graduate A senior core C++/ Unix developer wanting to work in the heart of the city for one of London's most successful companies is required. The successful candidate ... more >
More job opportunities