Why Is Pay Transparency Important?

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  • The guiding principle that compensation structures should be competitive and fair.

  • New laws that empower employees with pay transparency.
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The vast majority of total rewards and compensation philosophies incorporate the guiding principle that compensation structures should be competitive and fair.
The traditional secrecy in making pay decisions has far reaching consequences, such as new laws that empower employees with pay transparency.
This whitepaper will review the business drivers for pay transparency and various considerations in creating a transparent compensation program to accelerate employee engagement.
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