Most managers not trained to deliver pay communications

HR Dive | February 17, 2020

While 67% of organizations say pay transparency is increasingly important — with 4% reporting it's of the highest importance — only 14% of organizations have dealt with pay transparency beyond a "moderate" level, according to a study by WorldatWork and Mercer. While near half of employers have a "moderate" approach," 4% have nonexistent approaches to pay transparency, 35% have minimal transparency and just 1% have extreme transparency, according to the survey of 478 respondents. Additionally, more than 60% of respondents said their managers are not trained to effectively deliver pay communications. Nearly half (42%) of respondents do not share information about how jobs are valued and compensated within the organization. When pay equity adjustments are made, only 53% of organizations communicate to their employees that the increase is the result of a pay equity adjustment; 30% bundle the adjustment along with other pay increases and don't explicitly mention it.

Spotlight

With the many uncertainties in the world economy and the opportunities that India may have, businesses are faced with diverse challenges. There is also considerable new thought on many traditional levers of people management such as performance management and motivation levers such as Rewards round the world.

Spotlight

With the many uncertainties in the world economy and the opportunities that India may have, businesses are faced with diverse challenges. There is also considerable new thought on many traditional levers of people management such as performance management and motivation levers such as Rewards round the world.

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Equifax | March 15, 2021

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HR ANALYTICS

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ThinkWhy LaborIQ | June 24, 2021

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RGP | October 19, 2021

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