Pay Transparency: The Basics For HR

Описание: Are you grappling with the complexity of pay transparency? We all want compensation to be fair and equitable, but transparency opens up even more questions about compensation as comparisons are made. And there were a lot of questions to start with!

If you might be affected by pay transparency laws, watch this discussion with Sally Loftis. Sally is the Managing Director of Loftis Partners. She specializes in pay equity, transparency, DEI and OD. This episode will help any HR professional seeking to understand the often murky water of pay transparency and equity.

In this episode, you will learn:

🔍 The reasons why some employers are hesitant to share pay data and the repercussions of such reluctance.

💡 Some employees don't want pay transparency either - it's crucial to communicate internally before implementing changes.

👥 There's a balance between complete pay transparency and protecting employee privacy.

⚖️ Pay transparency doesn't replace pay equity, but they work together.

🚀 There are ways to 'do' pay transparency in a way that builds trust across the organization.

0:00 Intro
0:48 Context of pay transparency
1:22 Source of reluctance
2:44 People IN the org.
3:47 What to share
4:53 The reluctant employer
5:54 Convincing the reluctant employer
6:51 Employee reluctance
8:42 Does sharing bands undermine equity?
11:00 Pay transparency and pay equity
12:47 Inequity in collective agreements
14:10 Little transparency? So what.
15:51 The limits of transparency
19:24 Learn more

Follow Sally on LinkedIn   / sallyloftisloftis  

Her site https://www.loftispartners.com/

Her blog on the topic: https://www.loftispartners.com/blog/w...

Find the Pay Equity Collective at https://pay-equity-collective.mn.co/s...

This is a link to her guide on conducting a pay equity assessment

Find Andrea for SME consulting in Western Canada at thehrhub.ca