Uploaded by Logan Wagler

Pay Transparency: Benefits, Challenges, and Why It Matters

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The Benefits
Challenges
➢ Reduction in pay
disparities
➢ Increased trust and
employee satisfaction
➢ Enhanced recruitment
process
Currently state and
international laws can make it
hard for companies operating
in multiple places.
It could lead to
dissatisfaction of current
employees if they do not like
current pay disparities.
Fair Pay for
All! Why Pay
The Why
Pay Transparency
Transparency
Transparency is
The practice of
Matters linked to narrowing
openly sharing
gender and racial pay.
salary information.
Brings in more job seekers
Helps promote
workplace equity and
reduce
pay disparities.
which grows talent pool.
While challenges exist,
the benefits to culture
and society make a
compelling case for
supporting pay
transparency
Learn more at these sites: Infographic: The new reality of pay transparency
Equal Pay Day Infographic
Pay Transparency in 2023 John Leonard
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