Open compensation plan

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This article has been tagged since November 2006.

An open compensation plan (or system or policy) is one with a defined pay scale and no rules about keeping employee pay confidential. Open compensation plans are noted for reducing employee turnover.

One example of an organization with an open compensation system is the U.S. military.

External Links

• Vault.com article: More Employers Ducking Pay Confidentiality Issue
• An example open compensation plan for software professionals

This economics or finance-related article is a stub. You can help Wikipedia by expanding it.

Retrieved from "http://en.wikipedia.org../../../o/p/e/Open_compensation_plan.html"

Categories: Orphaned articles from November 2006 | All orphaned articles | Economics and finance stubs

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• This page was last modified 17:29, 5 April 2007 by Wikipedia user SmackBot. Based on work by Wikipedia user(s) MarshBot, Zotel, Rx StrangeLove and Traal.
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