Pay Equity and Transparency Matters to Employees

Pay Equity

According to a report from The Josh Bersin Co., communicating clearly about pay equity is nearly 13 times as important for employee retention and engagement as talking about “high levels of pay and benefits.” Equity Matters More Than High Pay and Great Benefits Provided with a list of 84 employee experience strategies, respondents ranked “fair…

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Pay Transparency Motivates Employees to Work Harder

pay transparency

Employees who feel and see their pay is fair through pay transparency and see themselves as part of a system where they can be promoted tend to work harder. That’s according to research reported in The Wall Street Journal, where multiple studies revealed the following: Knowing the salary of their colleagues can improve the productivity…

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