This is absolutely correct. It will; make employers fairly justify the rate they pay you.

And now Benny will lay off two of his higher-waged workers to afford all the raises.

...and then will hire two brand new college graduates at low rates to cover the productivity loss.

Capitalism works two ways.

...and they will start at an equally higher rate than they would have otherwise.

And if they can lay people off that easily, they probably weren't worth the money to begin with. Or, the company is badly run and doesn't understand the value of their employees.

Either way, having been in management, I agree that it would benefit everyone if it was transparent, as it keeps everyone honest. That said, taking a formerly private disclosure and making it public would be a disaster; it's kind of amazing how some people make what they do doing the same job.

Yeah, never understood this taboo. Most people got the idea from somewhere that it's bad manners. 'Course, I think we should all be talking politics and religion at the workplace as well...

I think I might use an anonymous email tool and email this to everyone in my company. After-all, everyone has a review coming up.