Should such confidential information such as salaries be released to the public? Would that help to determine the going rate at how employees with specific job titles should be compensated? According to The Nonprofit Times’s article “New York Nonprofit Salary Information,” salary information should be released so that competing companies know what is a reasonable amount to pay their employees. That sounds like a huge benefit to employees who may be seeking alternate job avenues. To see what other companies salary rates are may be a deal breaker to choose one job over the other. On the company side, deciding that employers may be over paying for employees may be revealed. This would be a negative affect on for employees or a positive one. The company who is over paying could ensure that it has no other competitors or it could choose to cut back on salary expenditures. However, The Nonprofit Times’s article “Illinois Seeks Pay Data From Nonprofits” has a different reason for wanting to collect salary information. Money could be used in an inappropriate manner; therefore, public record of salary data can assist in ensuring that funds are being allocated in the correct manner. It is intriguing to know that outside companies pay the salaries of executives in nonprofit organizations. It is also interesting how the same data from different states can be used for different purposes.
2012 October 25. New York Nonprofit Salary Information. Retrieved from:
2012 October 26. Illinois Seeks Pay Data From Nonprofits. Retrieved From:
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