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