Are you grappling with the complexity of pay transparency? We all want compensation to be fair and equitable, but transparency opens up even more questions about compensation as comparisons are made. And there were a lot of questions to start with!
If you might be affected by pay transparency laws, watch this discussion with Sally Loftis. Sally is the Managing Director of Loftis Partners. She specializes in pay equity, transparency, DEI and OD. This episode will help any HR professional seeking to understand the often murky water of pay transparency and equity.
In this episode, you will learn:
π The reasons why some employers are hesitant to share pay data and the repercussions of such reluctance.
π‘ Some employees don't want pay transparency either - it's crucial to communicate internally before implementing changes.
π₯ There's a balance between complete pay transparency and protecting employee privacy.
βοΈ Pay transparency doesn't replace pay equity, but they work together.
π There are ways to 'do' pay transparency in a way that builds trust across the organization.
Follow Sally on LinkedIn https://www.linkedin.com/in/sallyloftisloftis/ Her site https://www.loftispartners.com/ Find the Pay Equity Collective at https://pay-equity-collective.mn.co/share/GTCEIh6yArceY6cY?utm_source=manual This is a link to her guide on conducting a pay equity assessment Find Andrea for SME consulting in Western Canada at thehrhub.ca