Pay transparency is still top of mind for job seekers, employees and employers. Not every organization has acted on the emerging trend, although more of them recognize its importance.
Popular pressure, growing legal requirements and the need to compete for top candidates are driving the focus on the topic. To get a better understanding of the situation in Canada, Indeed surveyed 100 Canadian HR Executives in 2022 to understand their organization’s stance on salary transparency and its impacts.
In this white paper, we discuss:
- Why is the topic of salary transparency on the rise?
- How does being more transparent help close the gender pay gap, improve talent attraction and build a fair workplace?
- What are the difficulties in implementing fair pay practices in the current structures, including problems with performance-related pay?
- What are some strategies to successfully implement pay transparency?