Comp and Coffee Fair pay means nothing if no one believes it
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Aug 27, 2025 Lexi Clarke, Chief People Officer at Payscale, and Kate Peter, Chief Customer Officer at Payscale, discuss the critical importance of trust in fair pay practices. They highlight findings from the Fair Pay Impact Report, revealing employees feel underpaid despite rising wages. The conversation delves into the challenges of perception versus reality in compensation, emphasizing the need for transparency and open communication. Personal experiences shape their advocacy for fair pay, urging leaders to foster trust through honest discussions to retain top talent.
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Perception Beats Paper Compensation
- 68% of employees think they're underpaid even when paid at or above market.
- That perception drives disengagement, burnout and regrettable attrition.
Be Vocal And Empathetic About Pay
- Stay loud and public about fair pay because silence cedes trust to doubt and attrition.
- Combine data with authenticity and empathy when explaining compensation to employees.
More Data Raises More Questions
- Pay transparency and more market data have increased employee scrutiny, not trust.
- Companies must continuously communicate compensation logic across the employee lifecycle.
