Transform Your Workplace How Transparent Should Compensation Be in the Workplace?
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Jan 9, 2017 
Join Jason Nazar, Co-founder and CEO of Comparably, as he dives into the rising trend of pay transparency in the workplace. Jason explores how knowing peer salaries can foster a culture of openness and accountability, enhancing employee motivation. He shares insights into Comparably's tools that help companies streamline recruiting and reveal critical pay gap data. With examples from LA tech firms, Jason discusses the nuances of transparency and why it’s crucial for both employers and employees to embrace this shift.
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Transparency Reveals Market Value
- Transparency evens the playing field by revealing market value for roles and reducing information hoarding by employers.
- Comparably focuses on showing market comp and company culture so employees understand their worth and options.
Share Role-Level Compensation Data
- Do provide employees with clear data on what similar roles earn to boost engagement and ownership.
- Use transparency to drive accountability and motivate people toward visible next-level goals.
Local Tech Firms Model Different Transparency
- Jason cites Southern California tech firms and companies like Buffer and Dollar Shave Club as examples using varying transparency models.
- He notes some firms publicly publish salaries while others anonymize market data to balance pros and cons.