Saturday, April 21, 2007
Now here's an interesting and excellent idea using the powers of the web to make things better.
There's a huge information asymmetry in the workplace at the moment. Bosses know what everyone is earning, but workers don't. So this puts the power in the hands of said bosses when it comes to negotiating about wages.
However, if the workers knew what was the going rate for a job, then they'd be able to negotiate more effectively, thus changing the power balance.
That's exactly what SalaryBase is all about, a place where you can get free salary reports.
You can join and add your own of course, thus making the database ever more effective. Strongly recommended, well worth checking out.
Posted by Tim Worstall at 10:31:00 am