No it won't, because companies are paying what they need to pay for talent.

Eh, but it will at the margin though. Like, you are undoubtedly correct, but part of the effect of this is piss off people in the rest of your org when they see the tech person you hired makes more than people think they should. This essentially causes the value of the high-performing tech person to decrease for you, since along with their wonderful skills you are now also hiring a tiny amount of resentment in your firm. At equilibrium, if you believe this effect, it would cause the worth of tech talent to be lower for your firm, and the equilibrium salary would reflect that.

Its good for employees to know the salaries in their org. Why is this only a consideration for private orgs too? I worked at a public org where you could look up each and every salaried person's compensation. It doesn't breed resentment to see your boss is compensated exactly $437k this year, it sets a target for yourself and your career. The sky isn't falling at that org because salaries are public.

So you're saying a few people making way more than the rest of their peers will be pulled back in line with the rest of their peers while their peers make more money?

Honestly, I'm okay with that.

If someone was making 500k and their coworkers were making 100k, maybe their coworkers _should_ be being paid 150k or 175k and that 500k worker should be either promoted or pulled back to like 250k

Fair enough, but very small difference.

Maybe at the margin it'll lower the salary of non-tech employees, since they are also bringing resentment with them.

Do people resent doctor and lawyer salaries?

I certainly resent doctor salaries, given that they are a cartel. Not lawyers.

True.