Whether it’s traditionally-female occupations like nurses and teachers, or under-represented “C” level positions, women continue to be underpaid and fired more often than their male counterparts.
Excerpt from a LinkedIn article, “Why Salaries Shouldn’t Be Secret”
No one knows exactly why Jill Abramson was fired as editor of the NYT. But one thing is clear: she was fired not long after she started asking questions about the amount that she had been paid, over the course of her career in NYT senior management, compared to the amount that her male predecessor was paid.
Very few people like to talk about how much money they make — especially not people who earn a lot of money. Since companies tend to be run by people who earn a lot of money, the result is a culture of silence and secrecy when it comes to pay. Such a culture clearly served the NYT ill in this case. If the salaries of senior NYT management had not been a closely-guarded secret, then Abramson would not have been shocked when she found out how much Bill Keller made before her, and Arthur Sulzberger would not have reacted badly to Abramson’s questions about pay.
Indeed, secrecy surrounding pay is generally a bad idea for any organization. Ben Horowitz has the best explanation of why that is: it can’t help but foment poisonous internal politics. But there are other reasons, too.