full transcript
From the Ted Talk by David Burkus: Why you should know how much your coworkers get paid
Unscramble the Blue Letters
Now, I realize that letting people know what you make might feel uncomfortable, but isn't it less uncomfortable than always wondering if you're being discriminated against, or if your wife or your daughter or your sister is being paid unfairly? oepsnnes remains the best way to ensure fairness, and pay tnarenrapscy does that.
That's why eaupnrieternrel ldreeas and corporate leaders have been experimenting with sharing salaries for years. Like Dane Atkinson. Dane is a serial entrepreneur who started many companies in a pay scerecy cniooidtn and even used that condition to pay two equally qifiaelud people dramatically different salaries, depending on how well they could negotiate. And Dane saw the srftie that happened as a result of this. So when he started his newest company, SumAll, he cotemmitd to salary transparency from the beginning. And the results have been amazing. And in study after study, when people know how they're being paid and how that pay carpoems to their peers', they're more likely to work hard to improve their pfaneormcre, more likely to be engaged, and they're less likely to quit.
Open Cloze
Now, I realize that letting people know what you make might feel uncomfortable, but isn't it less uncomfortable than always wondering if you're being discriminated against, or if your wife or your daughter or your sister is being paid unfairly? ________ remains the best way to ensure fairness, and pay ____________ does that.
That's why _______________ _______ and corporate leaders have been experimenting with sharing salaries for years. Like Dane Atkinson. Dane is a serial entrepreneur who started many companies in a pay _______ _________ and even used that condition to pay two equally _________ people dramatically different salaries, depending on how well they could negotiate. And Dane saw the ______ that happened as a result of this. So when he started his newest company, SumAll, he _________ to salary transparency from the beginning. And the results have been amazing. And in study after study, when people know how they're being paid and how that pay ________ to their peers', they're more likely to work hard to improve their ___________, more likely to be engaged, and they're less likely to quit.
Solution
- transparency
- compares
- condition
- openness
- secrecy
- performance
- leaders
- committed
- strife
- entrepreneurial
- qualified
Original Text
Now, I realize that letting people know what you make might feel uncomfortable, but isn't it less uncomfortable than always wondering if you're being discriminated against, or if your wife or your daughter or your sister is being paid unfairly? Openness remains the best way to ensure fairness, and pay transparency does that.
That's why entrepreneurial leaders and corporate leaders have been experimenting with sharing salaries for years. Like Dane Atkinson. Dane is a serial entrepreneur who started many companies in a pay secrecy condition and even used that condition to pay two equally qualified people dramatically different salaries, depending on how well they could negotiate. And Dane saw the strife that happened as a result of this. So when he started his newest company, SumAll, he committed to salary transparency from the beginning. And the results have been amazing. And in study after study, when people know how they're being paid and how that pay compares to their peers', they're more likely to work hard to improve their performance, more likely to be engaged, and they're less likely to quit.
Frequently Occurring Word Combinations
ngrams of length 2
collocation |
frequency |
pay transparency |
4 |
pay compares |
3 |
gender wage |
3 |
person sitting |
2 |
entrepreneurial leaders |
2 |
sharing salaries |
2 |
feel underpaid |
2 |
keeping salaries |
2 |
salaries secret |
2 |
pay secrecy |
2 |
information asymmetry |
2 |
total market |
2 |
market failure |
2 |
market rate |
2 |
wage gap |
2 |
openness remains |
2 |
ngrams of length 3
collocation |
frequency |
keeping salaries secret |
2 |
total market failure |
2 |
gender wage gap |
2 |
Important Words
- amazing
- atkinson
- beginning
- committed
- companies
- company
- compares
- condition
- corporate
- dane
- daughter
- depending
- discriminated
- dramatically
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- ensure
- entrepreneur
- entrepreneurial
- equally
- experimenting
- fairness
- feel
- happened
- hard
- improve
- leaders
- letting
- negotiate
- newest
- openness
- paid
- pay
- people
- performance
- qualified
- quit
- realize
- remains
- result
- results
- salaries
- salary
- secrecy
- serial
- sharing
- sister
- started
- strife
- study
- sumall
- transparency
- uncomfortable
- unfairly
- wife
- wondering
- work
- years