diff --git a/docs/open-salary.md b/docs/open-salary.md index a0c86c6..6cabae5 100644 --- a/docs/open-salary.md +++ b/docs/open-salary.md @@ -10,9 +10,9 @@ prev_page_url: "share-costs-and-gains.html"
Create a fair salary formula and make it transparent.
-Open salary (also referred to as "transparenty salary") is the practice of determining each employee's compensation according to a set of rules — the _salary formula_ — instead of making compensation subject to individual negotiation between employer and employee. The salary formula — and often individual compensation as well — is transparent to all members of an organization, and sometimes to the public. +Open salary (also referred to as "transparent salary") is the practice of determining each employee's compensation according to a set of rules — the _salary formula_ — instead of making compensation subject to individual negotiation between employer and employee. The salary formula — and often individual compensation as well — is transparent to all members of an organization, and sometimes to the public. -A open salary formula needs to suit an organization's context, and to be perceived as fair enough by all stakeholders. +An open salary formula needs to suit an organization's context, and to be perceived as fair enough by all stakeholders. Perception of fairness varies from person to person and according to context, so creating a salary formula requires developing a shared understanding of what is considered fair.