Your customer wants to see how much you make

Posted by Marc Hodak on August 10, 2010 under Government service, Stupid laws | Read the First Comment

Imagine that one of your large customers, say you’re a supplier to Target or Whole Foods, wants you to disclose how much you and your senior officers make?  You’re a private company, you may not even tell your kids or siblings how much you make, but these strangers want to know, and they want to place that information on the Internet.  How would you feel about that?

Well, that is exactly what the Federal government is requiring of its contractors and sub-contractors via rules in the Federal Acquisition Regulation (FAR).