Podcast 194: Is pay transparency good for business?
CIPD
The Importance of Pay Transparency
People want to know why they're being paid and how that, you know, how their efforts are going to be recognized by the organization. Organizations often are concerned about their stop being poached but pay isn't the only decision that people think about when they are thinking of moving jobs. So yes, it's a factor, but it's not the only factor in people's decisions to leave or join organizations.
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