Comp quick guide: Responding to employee reactions to pay transparency

Building Pay Equity into Your Business in 2022

Salary is a touchy subject, and it’s something that everyone - from the average employee to the well-known executive to celebrities - is curious about and treading lightly around. For those in the workforce helping to set salaries, keep employees happy and avoid lawsuits, it’s even more confusing and sensitive. Add to the mix the fact that the terms pay equity and equitable pay are thrown around in many different combinations and ways that are sometimes incorrect, often confusing and many times not helpful and you’ve got one big question mark on your hands. Today, we’ll set the record straight on what pay equity and equitable pay mean, how they relate to each other and how they’re different.

Money as a powerful demotivator (don’t let this happen to your employees)!

<p><a href="https://plus.google.com/115301125688955669806? rel=author"><img title="Money demotivator" src="http://www.payscale.com/cms-images/default-source/b2b/money-demotivator.jpg?sfvrsn=0">Crystal Spraggins,</a>&nbsp;SPHR </p><p><strong></strong><strong></strong>A friend recently confided her salary to me, and I was shocked at how little she makes. I know my friend is worth a lot more, and I’m pretty sure her organization could pay more.

Be a Unicorn. What Your Compensation Package Says About Your Business

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/b2b/header_unicorns_main.png" alt="Header_Unicorns_Main" /><a href="http://www.hr-writer.com/" title=" target=" rel="noopener">Tess C. Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger</a><p> It can be impossible for Human Resource pros to see things from an objective standpoint when we are so connected to the people and processes of our organizations. However, it’s critical to take a step back once in a while to view things from the perspective of employees and future hires. Compensation plays a major role here. The <a target=" class=" title=" href="https://resources.payscale.com/hr-2015-compensation-practices-report.html" rel="noopener">2015 PayScale Compensation Best Practices Report</a> revealed that a quarter of employers, “reported the inability to offer a competitive wage as a barrier to finding good people, which might explain why a whopping 78 percent claim to be only “somewhat” or “not at all” satisfied with their compensation structures.”<br>

Snackable: PayScale VP Tim Low, alongside Google’s Laszlo Block, weighs in on Salary Transparency

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/b2b/header_inthenews.jpg?Status=Temp&amp;sfvrsn=2" alt="header_InTheNews" />Joleen Oerman, PayScale </p> <p>The <a href="https://www.payscale.com/compensation-trends/hr-video-the-great-salary-transparency-debate">trend toward salary transparency</a> is on the rise and continues to be a hotly debated topic. Payscale’s VP of Marketing Tim Low, along with Google’s Senior VP Laszlo Bock, was recently interviewed on the topic.</p>

I’ll Be There for You: What “Friends” Taught Us About Salary Negotiations

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/Blogs/header_friends_main.png" alt="Header_Friends_Main" /><b><a href="https://www.linkedin.com/in/joleenoerman">Joleen Oerman, B2B Content Marketing Specialist, PayScale</a></b><p><span style="line-height: 1.5">We’ve ‘been on a break’ from the popular television show Friends for eleven years, but the cast’s high salary and equal pay for equal work demand is relevant today. When our favorite friends walked out of Central Perk and into the network’s offices in 2002, their demand for higher pay for all was as unheard of as moving from New York to Yemen. The demand turned heads in the entertainment industry. The unswayable six, huddled together as they did before every show and played hardball with the network. They were irreplaceable, so their demand was undeniable.

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