Justly; ‘according to what is morally right or fair’
Employees want to know how they're paid.
When companies are transparent about their compensation practices, they build trust with their employees. This leads to higher engagement and lower turnover rates.
Pay transparency is also crucial in closing the gender pay gap, which is why it is becoming a legal requirement across the US, the EU and many other parts of the world.
Pay transparency isn’t just the right thing to do - it’s quickly becoming a global standard.
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