Category: Compensation
How to Implement Transparent Pay Policies and Improve Equity in Your Organization
Between changing employee attitudes and evolving legal requirements, pay transparency is a topic that’s getting harder and harder to avoid. Top talent expect job listings to include pay ranges, and many jobseekers won’t bother to apply for positions they’re qualified for if the job description doesn’t mention compensation information. If you want to continue attracting top talent to your organization, not to mention maintaining compliance with various legal requirements, then it’s time to embrace pay transparency.
This ebook explains the challenges and benefits organizations should expect when it comes to being more upfront about compensation practices. You’ll learn how being forthright about pay helps build trust among your workforce, and you’ll get seven practical tips to help you ensure the transition to transparency goes smoothly.
Download your copy and discover:
- Five ways pay transparency benefits organizations
- How establishing and communicating compensation criteria improves equity
- Which employee groups are most comfortable discussing their compensation
- Why you shouldn’t focus solely on base pay
- How to conduct a compensation audit—and why it’s essential to your success