Posts Tagged ‘pay tranparency’

Pay Transparency — It’s the Way to Go

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Pay fairness, or the perception of fairness, is often cited as the reason employees choose to work for or leave a company. While it may seem like enough to provide competitive salaries and benefits packages, studies consistently show that pay transparency may be the key to successful recruitment and retention. Companies like Whole Foods and Uber are well known for their implementation of pay transparency practices and the positive impact they have had on employee satisfaction, organizational loyalty, and productivity. These companies may take it to the extreme, providing complete transparency with individual salaries, but the success of implementing some…

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