[alok-g]

PS: My comment relates to economy as a whole and not just implementation within a specific company.

Not having access to information is one of the things that makes an economy suboptimal, so overall, I think making salaries public should be good.

At least some of the issues in actually implementing the above is the impact of the transition. The economy becomes more optimal if everyone takes this new information to make intelligent decisions about themselves (and not be caught up with pure jealousy type of things), and the resulting shuffling balances the salaries out again according to people contribution/skill levels. During the transition however, a lot of messy things would happen, leading to short-term losses in the economy.

I generally hear that such transitions often have to be slowed down considerably and implemented in phases to not have negative spiraling effects on the economy, like the stock of an underpaying company going down considerably even if the company as such was doing good, or HR salaries overshooting because of the sudden overload that may come.

I highly welcomed glassdoor.com when it showed up.