open salaries policy

An open salaries policy means that a company shares employees' salary information transparently, either within the organization or publicly. This approach aims to promote fairness, reduce pay gaps, and build trust by ensuring everyone understands how compensation is determined. While it can encourage open discussions about remuneration and help identify disparities, it also requires careful management to respect privacy and prevent conflicts. Overall, open salaries foster accountability and equality, supporting a more transparent workplace culture.