Companies that refuse to be transparent about pay will be 'under fire,' says salary expert (via CNBCMakeIt)
The December 2021 survey of 561 workers, ranging from executives to individual contributors, found that due to a lack of pay transparency, nearly half don't think they're paid fairly compared to people in the same role at other companies. Roughly 1 in 3 don't even think they're paid fairly compared to their co-workers.
going into effect nationwide, there's never been as much pay information out there for people who want to find it. But employers have a long way to go., as in-demand employees push leaders to be more equitable and inclusive. Open pay discussions, meanwhile, "give everyone the opportunity to criticize," he says. HR departments may not readily share salary data if they don't have a formalized compensation structure that can be explained and is free of bias.
It's a big step, but workers expect more, according to the Salary.com survey. Workers say they want more transparency from their company about how they're paid compared with competitors, compared with their co-workers, based on their skill level and based on their abilities to collaborate, meet goals and solve problems. Only 15% of workers believe the way their company does performance reviews in a fair way to structure pay, raises and promotions.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Mayor Adams Was Granted A Waiver To Hire His Brother At $1 Yearly SalaryBREAKING: Bernard Adams, Eric Adams' brother, has been granted a waiver by the NYC Conflicts of Interest Board to serve as senior advisor for mayoral security. Bernard Adams will make $1 per year and will have no staff our authority within the NYPD.
Les mer »
Belgium MP Vowed to Convert His Entire 2022 Salary to BitcoinThe number of politicians wanting to convert their salaries to bitcoin continues to increase.
Les mer »
Delta Pilots Look To Salary Gains And Scope Protection As Contract Talks RestartWhen the world changed in March 2020, Delta Air Lines pilot contract talks were underway and moving towards key issues led by salary and scope protection.
Les mer »
Belgium MP Vowed to Convert His Entire 2022 Salary to Bitcoin⬆ +21 Belgium MP Vowed to Convert His Entire 2022 Salary to Bitcoin $BTC bitcoin XBT cryptocurrency
Les mer »
Mayor Adams Granted Waiver To Hire His Brother At $1 Yearly SalaryEric Adams' brother has been granted a waiver by the COIB to serve as senior advisor for mayoral security. Bernard Adams will make $1 per year—the initial plan was to pay him $210,000 annually—and will have no staff our authority within the NYPD.
Les mer »
Most Americans Say Work and Life Balance Is More Important Than a Higher Salary. How to Manage If You Need to Take a Pay CutThe pandemic has upended millions of American lives, and for many has made them reconsider priorities around work.
Les mer »