Pay Transparency: The Why and How for HR Pros

OVERVIEW

Pay transparency is growing in popularity among companies — and in some places, it’s a legal requirement.  This interactive webinar will explore the evolution of laws enacted to drive salary transparency and discuss how HR Pros should respond to this new phenomenon. We’ll first start by defining pay transparency and its purpose. Also, we’ll examine the legislation behind pay transparency and its relationship to pay equity. Finally, we’ll identify what steps you can take toward implementing better pay transparency policies and practices at your organization.

WHY SHOULD YOU ATTEND?

Understanding the 'why' and 'how' of pay transparency is not only a strategic imperative for HR professionals but also a crucial step towards creating a workplace that values openness, fairness, and employee well-being. As HR Leaders, knowing how to develop and implement appropriate pay guidelines to openly communicate compensation information is essential to your organization, both legally and strategically.

LEARNING OBJECTIVES

• Define Pay Transparency
• Evaluate pay transparency legislation by state.
• Analyze the unintended consequences of pay transparency.
• Be prepared for pay equity conversations.
• Evaluate pay equity best practices.
• Learn how to implement transparent pay policies.

AREAS COVERED

• Pay transparency.
• Compensation Philosophy
• Pay laws by state.
• Pay equity best practices.
• Pay communication strategy.
• Pay equity audit/analysis.
• Equity vs. Equality.

TOPIC BACKGROUND

In today's rapidly evolving work landscape, organizational transparency has become a cornerstone of employee engagement and satisfaction. One critical aspect of this transparency is pay transparency, which involves sharing information about compensation structures openly within the company. For Human Resources (HR) professionals, understanding the reasons behind and the effective implementation of pay transparency is pivotal to fostering a fair, equitable, and trust-driven work environment.