Pay transparency

The truth is that most employers do attempt to pay employees fairly and competitively. According to Payscale’s Compensation Best Practices Report, over 80 percent of employers say that they pay employees equitably based on salary data to keep employees engaged. Less than 8 percent of employers admit to trying to pay employees as little as possible to save on payroll costs.

Unfortunately, organizations do a poor job of communicating their pay practices and intentions to the workforce.