Podcast 194: Is pay transparency good for business?
CIPD
The Importance of Pay Transparency
It's going to depend on what the all, I suppose, people managers and the organization defines this pay. So for example, does it include employer pension contributions, bonuses or benefits in kind? This definition is also going to be influenced by what others define as pay. And then it kind of depends on what you mean by transparency. You can have transparency of outcomes, who gets what, or you can have transparency around processes - i.e. how pay award decisions are being made.
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