Pay Equity and Transparency – Taking the First Step
Pacific Jewel B
Competencies: Business (Behavioral), Leadership (Behavioral), People (Technical) | Intended Audience: Intermediate (Fostering DEI)
Pay transparency practices reinforce the efforts the organization makes to structure meaningful employee experiences and mitigate the risk of pay disparities.
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As employers continue to refine their talent acquisition strategies and differentiate their total rewards practices, the evolving business and regulatory landscape may create barriers if the employer has not equipped talent specialists with the tools they need. Many employers continue to struggle with ensuring pay transparency and countering legacy practices, both of which can lead to pay inequities, affecting motivation and relationships at work as well as an employer’s brand and reputation. Pay transparency may not be the singular cure for racial and gender pay gaps, but it is a good starting point to remove barriers and improve accurate information about employee compensation.
- Learn what pay transparency is and why it is important.
- Discover methods to review pay transparency tools that talent specialists can use to attract diverse candidate slates.
- Hear emerging practices to elevate transparency through the entire reward life cycle.