Should professionals’ pay be public knowledge? Employers in the advertising and marketing fields don’t think so, according to a new study from staffing firm The Creative Group. More than eight in 10 creative executives interviewed (82%) said their organization refrains from publicizing employees’ compensation. Of those respondents, 61% feel pay transparency would decrease staff morale.
A national study was developed by The Creative Group and conducted by an independent research firm. It is based on more than 400 telephone interviews—with approximately 200 marketing executives randomly selected from companies with 100 or more employees, and 200 advertising executives randomly selected from agencies with 20 or more employees.
Key findings from the study are highlighted in the infographic, below.