Pay Transparency in the Workplace

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Imagine a workplace where everyone knows the principles and frameworks around how their pay is determined, where fairness is a measurable reality with real impact.

This is the promise of pay transparency, a movement redefining how organizations build trust, attract talent, and advance DEI goals. By sharing the principles and frameworks around compensation management in a more transparent way, organizations can instill confidence and credibility, address pay disparities, and create a fairer workplace. Yet, with only 12% of companies having applied a strategy around pay transparency and 75% still evaluating options, implementing pay transparency remains a challenge.

This article provides actionable steps to navigate these challenges and develop an effective pay transparency strategy.

RESOURCES

Recommendations

Company Level:

Large Employer (over 1,000 employees), Mid-size Employer (250-1,000 employees), Small Employer (fewer than 250 employees)

Type:

Implementation

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