Friday, December 16, 2005

You know, I know.

Now is the time of the year, whereby sales sign is seen everywhere and there is a lot of company doing their evaluation process. I just evaluate 7 staffs and I feel like I was running a marathon. I could write down a few reasons why but anyway I would not like to discuss this in a blog. I was at KLCC today and as usual I bought Newsweek and Times. The big Christmas tree has also been put up at the concourse. I was reading an article found in Newsweek, there is this company, Whole Food Market which has a very unique management style.

The company practise an open book concept, whereby everybody salaries is known. As long as you are an employee of the company you will know your managers’ pay, your boss pay, your peers and your subordinate pay. As I read on, I found that the reason given its quite rationale. I believe most of us has in the past or even present speculate, gossip about a colleague pay. He/She has been buying new car, house, LCD TV and etc and you start to wonder, how much is he/she getting. “I have been putting in more effort than he/she, how come I am still stuck with my old piece of metal with 4 wheels and my 4 concrete walls with a roof.”

When you are young, have you ever kept any secret from your parents or anybody. It could be when you play truant to go and catch a new movie, catch fish or it could be that your auntie gives you more angpow money. When there is a secret it means there is something you wish to hide because its unfair, not right or ???. If our salary or our colleagues is fair or justifiable why is there a need to keep it as a “secret”? Does that means that it’s “a secret because there are significant injustices and the company prefer people not know about them” (this statement is taken from Newsweek).

If salary is an open book items in the company, when a salary adjustment is made to a staff the boss will really need to have a good and valid reason for it. As he/she will need to justify to everybody the reason why hence this will prevent the toss a coin or I like your face or you have been patting my behind type of adjustment. By being open about it, will it create a better working environment or will it become worse or is it better to keep it as a secret.........

4 comments:

Lynne said...

I personally dun like such private info to be shared among others. Money is too sensitive a topic, isn't it?

BTW, I've tagged you, go check my blog ... Hehehee

Chan Kok Kuen said...

I would agree with Lynne. Your pay check should remain a secret. People do easily get jealous of one's pay especially if you are of the same rank or deisgnation. For my organisation, the amount of increment would depend on your perfromance and it's not only the salary increament, there are also the ESOS to consider. The better performer do get rewarded much better, that's the carrot stick to drive us through.

hui ying said...

I agree with the new idea that if there's nothing injustifiable.. it shouldnt be a secret. especially if the salary is gauged by performance...

so, if the person really performed well, he should be getting a better pay. :) of course, not easy to achieve that when the old system is around for such a long time.

SooHK said...

lynne, I think is our doing that makes money a sensitive topic to be discussed. I remember back in my early period of my working days we used to share such information. That is until our salary begin to change and varies among us then it become sensitive as some of us think that the boss favour us.....

Kok Kuen, I think being open also could mean additional push for the staff to change their attitude towards their performance. Each of us is judge by a evaluator which again is base on their own judgement. Evaluation is science by itself.

Hui Ying, you are the only commenter that agrees....I think if the factors is simple and easy to understand I do not think it will be a problem if its open up to everybody. As you the problem lies with the old system. Nobody would want to try out something which is not proven.....

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