Transparent Compensation
Price:
$2.50
Description:
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. It’s important to consider the drawbacks of transparent compensation. But if you decide it’s right for your company, there are best practices you can follow to plan, introduce, and continually improve your pay-transparency policy. <b>By the end of this course, you’ll be able to:</b> • Identify the benefits and drawbacks of transparent compensation • Take steps to implement a transparent compensation policy • Apply tips to improve the success of transparent compensation <b>Why take this course?</b> This course is designed to help decision-makers navigate transparent compensation. You might have the responsibility of deciding whether pay transparency is right for your business. Or you might organize and oversee the rollout strategy. This course will guide you to success. 10 mins | SCORM | Development Plan