Perhaps the best way to summarize pay secrecy is to say that it has become an old-fashioned, obsolete management practice that has a much larger downside than upside. It is time for organizations to enter the world of pay transparency.

Yes, it is a lot to ask employees to welcome a decrease in pay, but there are ways to present it as an initiative vital to the health and future of everyone involved.

From 24/7 Wall St.: On March 8th, Peyton Manning is set to make $28 million from the Indianapolis Colts, the highest amount ever paid to an NFL athlet...

WASHINGTON -- The chief executives of major companies are frequently blasted for their massive salaries, but new reports show that the heads of the na...

Though the share of women participating in the low-wage workforce has declined in the past three decades, it's remained relatively stagnant for the la...

TRIPOLI, Libya -- The new governor of Libya's central bank says the former regime sold about 20 percent of the country's gold reserves to cover salari...

NEW YORK - Morgan Stanley is reporting a loss $558 million for the second quarter. The investment banks' earnings took a hit from converting an invest...

STOCKHOLM -- Crisis-hit car maker Saab has struck a $40 million deal to sell and lease back property in an effort to improve its ailing finances that ...

Executive pay in the U. S. skyrocketed to reach an all time high in 2010. Looking ahead, we will likely find that the pay distance between executives and the rest of their organizations has gotten even greater.

Despite the political power, governors aren't always the most well-paid government employees in their state. In fact, a recent report from the Con...

(AP) NEWPORT BEACH, Calif. Aurora Toussaint brings her disabled son to the sun-kissed beaches of this Southern California city almost every day in the...

U.S. consumers are more confident than they've been in three years, according to the data released today by the Conference Board. The organization's ...

Treating your colleagues with respect can gain you a winning edge and create a win-win situation for everyone at the office. Here are some basic rules of etiquette in the office and at office parties.

Working women unite -- the June report on women's earnings, released by the Bureau of Labor Statistics this month, doesn't indicate any earth-shatteri...