it works for IE7~10
(credits to http://jsfiddle.net/q8ajJ/)
HTML
<!-- Style = display none for people who dont have javascript --> <input id="fake_pass" name="fake_pass" style="display: none;" type="text" value="Enter Password:" /> <input id="real_pass" name="real_pass" type="password" />
JS
// On DOM ready, hide the real password
$('#real_pass').hide();
// Show the fake pass (because JS is enabled)
$('#fake_pass').show();
// On focus of the fake password field
$('#fake_pass').focus(function(){
$(this).hide(); // hide the fake password input text
$('#real_pass').show().focus(); // and show the real password input password
});
// On blur of the real pass
$('#real_pass').blur(function(){
if($(this).val() == ""){ // if the value is empty,
$(this).hide(); // hide the real password field
$('#fake_pass').show(); // show the fake password
}
// otherwise, a password has been entered,
// so do nothing (leave the real password showing)
});