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Ep 77 - 2023 Predictions in Compensation

Comp and Coffee

CHAPTER

Navigating Pay Transparency and Equity

This chapter explores the increasing significance of pay transparency driven by new legislation and predicts more states adopting such laws. It addresses the implications of upcoming Supreme Court decisions on diversity, equitable hiring practices, and pay gaps, particularly stressing the gender pay gap in light of economic challenges. Additionally, the chapter highlights the need for organizations to focus on barriers affecting pay progression while urging for more agile compensation practices in 2023.

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