Pay Matters with David Weaver
Most organizations fail to pay their employees properly — not because they don’t want to, but because they don’t approach compensation with a plan. The compensation landscape is changing rapidly. If you don’t pay your employees what they’re worth, not only will your competitors leave you behind, but you’ll also leave yourself open to legal, social, and political backlash. As an HR professional or manager, how do you navigate the confusing world of compensation? Pay Matters is your go-to podcast for demystifying the art and science of employee compensation. David Weaver and his guests will discuss how to calibrate base salaries, reward programs and enticing incentives so you'll be able to retain your best employees.
Pay Matters with David Weaver
S2/Ep3: The Rise of Pay Transparency and the Demise of Broad Salary Bands
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David
This episode discusses David Weaver's article on the rise of pay transparency in the United States, specifically the shift from broad salary bands to narrower ones. This change is being driven by both legislative efforts, with several states requiring employers to disclose salary ranges in job postings, and societal shifts, particularly among younger generations who prioritize transparency and fairness. Weaver argues that this shift toward transparency benefits both employees and employers by creating a more equitable and satisfying work environment, enhancing trust, and improving talent acquisition and retention.