Transparent Compensation
Train your employees on transparent compensation, its benefits, drawbacks, implementation steps, and tips for improving its success.
Course overview
Transparent compensation, or pay transparency, is when companies communicate how much they pay their employees and any other benefits they receive. Pay ranges could be included in job ads, for example – or shared within the business. Being open about wages can drive fair-pay policies, increase trust, and attract talent.
The employees who make decisions about pay policies should consider the drawbacks of transparent compensation. But if they decide it’s right for the company, there are best practices they can follow to plan, introduce, and continually improve their pay-transparency policy.
What’s covered
- The benefits and drawbacks of transparent compensation
- The steps to implement a transparent compensation policy
- Tips to improve the success of transparent compensation
Why your teams need this course
This course is designed to help decision-makers navigate transparent compensation. They might have the responsibility of deciding whether pay transparency is right for their business. Or they might organize and oversee the rollout strategy. This course will guide them to success.
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