Sharing Salary Figures on Facebook
nytimes.com
nytimes.com
As far as friends go, I think we will experience feelings of resentment, jealously, inferiority, or superiority to a lesser degree than with coworkers, and are more likely to be happy for a friend who is compensated above what we see as her perceived value, and more willing to try to help someonse who is compensated below what we see as her perceived value. This is at least partly because we are not competing for pieces of the same pie as we are in the workplace.
Some work systems are possible to measure and thus compensation may be formulaic and (roughly) just. For example, if I offered you a monetary reward to enter a boolean into a form, you either do the work (by entering a 1 or 0) or you don't. With Mechanical Turk, I can design complex algorithms with failsafe controls that will objectively assess and reward worker value. To the degree I can describe real-world problems and automate inputs and outputs, I can build an efficient and viable organization. Is a fair, transparent system intrinsically "happier"? I am not sure, but I do know the wealth creation potential here is massive.
However, i'm not quite convinced that it works.