Ever wondered what would happen if everyone at your office suddenly knew each other’s salaries? Would your team leave feeling angry and defeated or would they be satisfied knowing they are paid their worth and in-line with other folks in the same role make?
Pay transparency is reshaping the workplace, and if your organization isn’t keeping up, you’re falling behind. In our latest outRageous HR podcast, Neil Dickinson, VP of Compensation Services, and Desiree Throckmorton, Senior Consultant, discuss the latest updates to laws, best practices, and challenges employers face when it comes to navigating pay transparency.
In this engaging conversation, Neil and Desiree cover all things pay transparency – where it started and where it is going and all things in between. Nothing is off limits as the two discuss:
- State-Led Changes: With little federal action expected, states are setting their own pay transparency laws. New pay reporting requirements in Massachusetts and other states add complexity for multi-state or companies with remote employees.
- Transparency as a Competitive Advantage: Nearly 60% of job postings now include salary ranges. If yours doesn’t, candidates may question why.
- Pay Equity & Internal Alignment: Employees compare posted salaries to their own and employers must ensure fairness to maintain trust and retention.
- Remote Workforce Challenges: Hiring across multiple states? Learn how to handle pay differences and compliance.
- Best Practices: Develop a consistent, proactive approach to setting and disclosing pay ranges in your job postings.
Pay transparency isn’t just a compliance requirement, it’s a critical step toward closing wage gaps and fostering equity. Don’t miss this must-watch discussion.
Click here to watch the full episode: outRageous HR: Salary and Pay No Longer a Secret – The Pay Transparency Revolution.
How OutSolve Can Help
Navigating pay transparency and reporting requirements can be complex, but OutSolve is here to help. Our team of experts provide tailored guidance to ensure compliance with evolving state laws. We can help you develop competitive and equitable pay structures and implement best practices that align with your business goals.
Whether you need assistance with pay range assessments, reporting obligations, or workforce strategy, OutSolve has the tools and expertise to support your organization.
Contact us today to learn more about how we can help you stay ahead in the pay transparency movement!
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