Pay transparency warrants a “nuanced” approach, new research suggests
Lower-performing workers may lose motivation and be less likely to negotiate for a raise when pay, rank are revealed.
Lower-performing workers may lose motivation and be less likely to negotiate for a raise when pay, rank are revealed.
While women switch jobs at a similar frequency to men, they take career breaks more often, and for longer periods of time, a recent report from the McKinsey Global Institute finds.
“It’s the general idea of where labor costs fit in the budget, what priority they have, what types of behavior we want to reward with pay,” Heather Bussing, employment lawyer and author, tells HR Brew.
Compliance experts weigh in on their regulation expectations.
Legislation and employee demand are pushing companies to release more information on pay.
However, the rate at which job postings are including compensation information is slowing as the job market shifts.
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