Case Study 1: Full Pay Transparency

Read Case Application #3 in your textbook (pg. 61, Title: Extreme Openness, Topic: Organizational culture, openness, pay transparency). For this memo,
assume that you are the HR manager for a large corporation headquartered in Buffalo, NY. You have been asked to make a recommendation regarding
whether the company should adopt a policy of full salary transparency or keep salaries private. To complete this memo, answer the questions below. DO NOT
answer the questions that are included in the book.
For this memo, answer the following questions. Note: you should start your memo by clearly identifying your recommendation.
Should your company adopt a policy of full salary transparency or keep salaries private (this is your recommendation – you must make a recommendation)?
Is salary transparency a good thing? Why?
What is the impact of full salary transparency (making salaries or salary ranges open and available to everyone)?
What is the impact of keeping salaries private? How should the company respond to inaccurate salary information posted to social media or job sites?
Will the trend towards salary openness change the way that managers manager their employees? Why or why not?