Tag: pay transparency

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Salary Transparency Can Motivate Your Employees

The debate over the value of salary transparency has heated up in recent years, with neither side giving much ground. But Kristin Wong describes some studies that weigh in favor of transparency on New York magazine’s Science of Us blog.

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What Is the Biggest Challenge to the CEO Pay Ratio Disclosure Rule?

One half of U.S. companies say their biggest challenge in complying with the forthcoming pay ratio disclosure rule is forecasting how their employees will react, according to a poll by Willis Towers Watson, a leading global advisory, broking, and solutions company. The poll also found nearly half of respondents haven’t considered how, or if, they […]

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Let’s Talk About Pay (Or Not): Pros and Cons of Open Salary Policies

Transparency is a corporate value to strive for, but not all companies are ready to be completely transparent about pay. While some employers feel the benefits of open salary policies outweigh the risks, others are understandably concerned about the potential challenges they can create.

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Surprising Statistics May Shape 2017 Compensation Programs

The pursuit of the right talent continues to be highly competitive and, according to the latest research from PayScale, that pursuit is shaping compensation programs and strategies. In fact, PayScale’s 2017 Compensation Best Practices Report (CBPR) reveals a shift in strategy, as well as a gap between the perceptions of employees and employers with regard to pay.

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Surveys Reveal Less than Half of Employers Have a Formal Process for Pay Equity

Just over half of U.S. employees believe they are being paid fairly compared with workers who hold similar jobs either at their own or other companies, according to the 2016 Global Workforce Study by Willis Towers Watson, a leading global advisory, broking, and solutions company. At the same time, a companion survey of U.S. employers […]

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Should employees’ salaries be public knowledge?

by Connor Beatty Picture this: A manager calls his subordinates into a conference room and asks them to write down their salary and pin it to a board for everyone to see. The thought of that may make some of you cringe worse than many of the moments on reality TV. In fact, this idea […]

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