Why Pay Transparency is Essential for Building Trust and a Strong Company Culture

Pay Transparency is foundational to a great company culture. A recent ADP survey indicated employees expected a 7% base pay increase last year, and in reality they received 4% on average. Explain how pay is determined in your organization so that your people know what to expect. And, if you tell your people how pay decisions are made they are more likely to think those decisions are fair, instead of assuming they are random and baseless.