Elevate your employer brand:
Pay equity communication guide
Pay equity boosts recruitment outcomes, retention, productivity, and more. Yet, while 75% of leaders claim it's a priority, only 47% of employees agree. By effectively communicating your pay equity efforts , you can close this gap and bolster your company's reputation as a fair and equitable employer. Additionally, leaders need to be mindful of when, how, and the extent of the data they share to to convey their commitment to pay equity.
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So how do you effectively communicate your pay equity commitment, and why should you do so?
A report by the Josh Bersin Group found that well-communicated pay equity was almost 13 times more important for employee retention and engagement than generous pay and benefits. So, you’ve committed to pay equity, time is now for you to make salary conversations part of the culture. In this communication guide, you'll learn:
Why
Transparency in salary discussions is crucial
What if
Pay secrecy harms employee satisfaction
How to
Communicate pay equity efforts and outcomes
What
Strategies you should adopt to narrow the gap
Who
Must be held accountable
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How to talk about salaries:
Pay equity communication guide