Ob Assignment-When Salaries Arent Secret
OB Assignment : When salaries are or aren’t secret: A Comparative analysis in regard to the Behaviour level of the employees
Case 1: Where Salaries Are Secret
Company under consideration: Kent Builders and Developers
No. of employees under consideration: 10
Company details:
Kent Builders and Developers is a residential housing developer based in Pune, India. With multiple projects under construction, this multi crore company is one with vast experience in construction and currently employs about 150 people.
Given below are the extracts from interviews conducted by our group with 10 randomly picked employees.
Employee 1: Maqsood F. Balasinorwala
Position: CEO
The decision to maintain confidentiality of my worker’s salaries was one I made after much consideration. In my previous ventures, some of which were in construction, salaries were kept secret but were known to all informally.
When I started Kent Builders 16 years ago, I maintained a strict policy of employee data security. All data related to employees is kept confidential by maintaining encryption of computerized records. Today, I am still satisfied with this policy as worker rivalry increases in case of salary disclosure. Also, bonuses and incentives given to workers sometimes need to be justified to multiple employees to keep them satisfied which results in unproductive time loss.
Also, workers are incentivized to give their best since they believe other workers might be earning more. Hence, I am very satisfied with this policy and think it serves the needs of my organization.
Employee 2: Akhil Khambata
Position: COO
Working with this and other organizations, some of which were PSUs, I have experienced both types of policies of salary confidentiality. With this experience in mind, my opinion is that both policies have their own advantages and drawbacks but I would tend to favour salary disclosure.
Salary disclosure may breed some level of discontent and resentment within workers but also leads
Case 1: Where Salaries Are Secret
Company under consideration: Kent Builders and Developers
No. of employees under consideration: 10
Company details:
Kent Builders and Developers is a residential housing developer based in Pune, India. With multiple projects under construction, this multi crore company is one with vast experience in construction and currently employs about 150 people.
Given below are the extracts from interviews conducted by our group with 10 randomly picked employees.
Employee 1: Maqsood F. Balasinorwala
Position: CEO
The decision to maintain confidentiality of my worker’s salaries was one I made after much consideration. In my previous ventures, some of which were in construction, salaries were kept secret but were known to all informally.
When I started Kent Builders 16 years ago, I maintained a strict policy of employee data security. All data related to employees is kept confidential by maintaining encryption of computerized records. Today, I am still satisfied with this policy as worker rivalry increases in case of salary disclosure. Also, bonuses and incentives given to workers sometimes need to be justified to multiple employees to keep them satisfied which results in unproductive time loss.
Also, workers are incentivized to give their best since they believe other workers might be earning more. Hence, I am very satisfied with this policy and think it serves the needs of my organization.
Employee 2: Akhil Khambata
Position: COO
Working with this and other organizations, some of which were PSUs, I have experienced both types of policies of salary confidentiality. With this experience in mind, my opinion is that both policies have their own advantages and drawbacks but I would tend to favour salary disclosure.
Salary disclosure may breed some level of discontent and resentment within workers but also leads