Addressing Wage Compression to Attract and Retain Talent

Wage compression

Pay transparency continues to be a focal point this year. With 10 states having implemented salary range requirements for job listings, it’s paramount that employers manage pay policies and practices that promote fair pay in the workplace.  As organizations incorporate these pay transparency policies, however, they must be mindful of wage compression.  Wage compression, also…

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Combatting Wage Compression in the Age of Pay Transparency

Wage Compression

As employers navigate the tight labor market, pay transparency continues to show up at the top of initiatives to pursue. And for good reason. Pay transparency, whether it be via means of posting salary ranges in job listings, publicly announcing open pay communication policies internally, or obtaining pay equity certification, can help organizations differentiate themselves…

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The Compounding Effect and Pay Equity – What You Need to Know

Compounding Effect

Have you heard of the compounding effect? It can have a devastating effect over the course of a person’s career. What is the compounding effect? The compounding effect explains how the trajectory of an individual’s earnings throughout their professional career. The amount you earn at the beginning of your career has a direct impact on…

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Introducing The Equal Pay Estimator

Equal Pay Estimator

We are pleased to announce the launch of our Equal Pay Estimator product. Today, organizations can begin using the tool to prevent pay inequities from entering their workforce. The data-driven tool is simple in concept. Employers use the Equal Pay Estimator when extending a job offer to a prospect to ensure that the compensation package…

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