Name
Pay Transparency: Hard Truths and New Realities
Date & Time
Tuesday, June 13, 2023, 1:20 PM - 1:45 PM
Track
Compensation
Session Format
Express Learning
Target Attendee Experience Level
Intermediate: Hands-on and Practical Application
Description
If pay transparency is such a great idea, why are most organizations so tight-lipped about it? A majority get failing grades in openly communicating their compensation philosophies and salary ranges with employees. Let’s discuss the reasons why and review lessons learned by employers in New York City, California and Washington about the new pay range transparency regulations. We’ll also review research on the impact of such regulations on organizational attraction, retention and reward strategies.
Learning Objectives
· Understand the objectives, trade-offs and risks of being more transparent about pay
· Gain insight into new research and lessons learned about pay transparency practices and regulations
· Know the impact of pay transparency on an organization's overall strategy for rewards and communications
· Gain insight into new research and lessons learned about pay transparency practices and regulations
· Know the impact of pay transparency on an organization's overall strategy for rewards and communications
Speakers