Disclosing Compensation Levels
- Posted by Geoffrey G. Gussis on July 25th, 2005
- Filed in Careers (In-house Jobs)
Does your law department disclose its pay scale? Should it? Hear what Rees Morrison of Law Department Management has to say:
"If a law department has more than five lawyers at a pay level, the general counsel should disclose the highs and lows of salary and bonuses in that range. Disclosure promotes a culture of openness – even more powerfully when it reveals such sensitive information as pay – and reduces time-consuming gossip and backbiting about salaries. It can ease worries about inequitable treatment and can push management to benchmark compensation against the market."
Link: Law Department Management: Disclose compensation ranges at each level in the department.
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