To demonstrate the power of price transparency (or in this case
salary transparency) just look at the stats reported in
today's Daily Mail on the decision by West Virginia's State Auditor, Glen Gainer to publish on the
West Virginia State Auditor's website the compensation of each of West Virginia's 65,000 employees.
According to the article the website received over 1 Million visitors over a two day period last week. That's one hit for every two residents of West Virginia. WOW!
Another great example of the transparency that can occur when public information is really made public through easily accessible means.
For another interesting perspective on transparency -- check out this health care example over at
Running a Hospital. Read
this post and
this post by Paul Levy, CEO of Beth Israel Deaconess Hospital in Boston.
Tip to
Lawrence Messina at Lincoln Walks At Midnight whose post first alerted me to the Auditor's decision to post public employee salary information.
