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/Ep13: Complying with Salary Transparency and Pay Equity
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David
Salary transparency and equal pay legislation are becoming increasingly common across states. The article by David Weaver argues that organizations should proactively comply with these regulations rather than waiting until they are enforced. Weaver outlines five key reasons why proactive compliance is beneficial, including avoiding legal penalties, building trust with employees, attracting top talent, fostering a more inclusive workplace culture, and improving business performance. By implementing salary transparency policies and conducting pay equity audits, organizations can create a more equitable and successful work environment.