Verkkoalthough pay secrecy remains the informal norm or formal policy for roughly half of all u. s. Employees, companies are facing a crescendo of calls for. Specifically, the pay differential between men and. Verkkowe allow for asymmetric effects of differences between own and reference wages. Specifically, if the worker is paid less than the reference wage, wi < wr, the morale. Verkkothe overall pay gap between men and women in the federal workforce has narrowed considerably, from 19 cents on the dollar in 1999 to 7 cents in 2017,. Verkkolower payment rate, the pay difference between employees, and pay cuts can significantly affect employees’ level of morale (kube et al. , citation 2013). Verkkopay differentials should be determined by how much experience people bring and how much risk they’re carrying for the organization (not personal. Verkkothis harvard study and other research on the negative impact of large pay gaps on company performance reinforce a theory developed by current. Verkkowe document conditions under which relative pay comparisons can substantially affect output and labor supply, with workers giving up earnings to.