Transparency and Compensation

Transparency of something that is important for an individual or an organization’s growth up to a desired level indicates the credibility of the team and openness to consideration and negotiation if any. It is understandable that many organizations may defer to being transparent for all work processes, however there are certain areas one cannot be totally discreet, especially things related to capital and money matters. Yet we may still find some where compensation & benefits always seem to be that part of the asset which cannot bare transparency at any levels. So much so, even when new recruits join for a particular position all they are aware of is the job responsibility, designation and the CTC involved. It may make sense if during process of selection; one may not want to disclose the salary components; however once when somebody is sent an offer letter for acceptance, then the prospective employee has all rights to understand the break up of the salary assigned to him. Read more at