While pay transparency can foster trust and help close wage gaps, it may also create internal tension, morale issues, and even retention challenges if not managed correctly. The Goal Behind Pay Transparency. At its core, pay transparency aims to: Promote fairness and equality across roles Help...
Pay transparency has been getting a lot of attention. Still, many are unclear about what pay transparency actually means, how far it goes or what the results of pay transparency legislation will be. There are good reasons for this. For starters, the laws on pay transparency...
Have you heard about pay transparency? It’s the idea that companies should be open with employees and applicants about pay and, more broadly, what factors they include when making decisions about compensation. It’s no secret that expectations around pay have changed, and employers need to pay...