New Pay Equity Legislation – Will Your Compensation Strategy Hold Up?

New Pay Equity Legislation - Will Your Compensation Strategy Hold Up?

Delaware and Oregon just joined Massachusetts, Puerto Rico, New York City, California, and Philadelphia in addressing pay equity by enacting laws that prohibit employers from asking job applicants about their salary histories. Why is asking about pay history a problem? It’s perpetuating a long-standing gender wage gap. The general practice of creating offers by taking […]

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How Pay Equity and Pay Transparency Increase Employee Retention

How Pay Equity and Pay Transparency Increase Employee Retention

According to the Willis Towers Watson 2016 Global Talent Management and Rewards and Global Workforce Studies report, one out of five of employees don’t believe they are being paid fairly.. With stagnant employee engagement and increasing turnover levels, as well as changing employee expectations, more companies are turning to pay transparency practices to address retention […]

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Pay Transparency Laws and What They Mean for You

Pay Transparency Laws and What They Mean for You

In a recent survey, 85% of organizations reporting that employees understand their compensation philosophy also reported a high level of engagement. -2017 Salary.com Compensation Outlook Survey What is pay transparency? Pay transparency lets employees talk about their compensation or the compensation of other employees without fear of retribution. While this idea is usually associated with […]

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