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What are the best practices for introducing salary transparency? Answers: https://lnkd.in/gyg-bfYd #SalaryAccess #HRBestPractices #EmployeeDevelopment Hey there! 👋 I’m in a bit of a dilemma and would love your insights. I have a junior employee who’s doing an amazing job with onboarding and R&D projects. But here’s the catch: I need to give her more system access, which includes visibility into our company’s salary information. Now, I know that introducing salary access can be a sensitive subject, especially when the person isn’t familiar with corporate pay bands beyond entry-level roles. Here are a few pain points I’m concerned about: Confidentiality: This is a biggie! We want to make sure she understands the importance of keeping salary details private and the potential implications if anything slips out. Overwhelm: Since she's only worked with hourly roles, diving into pay scales might feel like we’ve thrown her into the deep end without a life jacket. 😅 Understanding context: She might not grasp why salaries vary based on roles, experience, and market conditions, leading to confusion or misunderstandings. So, how do we navigate this? Here’s what ...

What are the best practices for introducing salary transparency? Answers: https://lnkd.in/dQQWQCNu #SalaryAccess #HRBestPractices #EmployeeDevelopment Hey there! 👋 I’m in a bit of a dilemma and would love your insights. I have a junior employee who’s doing an amazing job with onboarding and R&D projects. But here’s the catch: I need to give her more system access, which includes visibility into our company’s salary information. Now, I know that introducing salary access can be a sensitive subject, especially when the person isn’t familiar with corporate pay bands beyond entry-level roles. Here are a few pain points I’m concerned about: Confidentiality: This is a biggie! We want to make sure she understands the importance of keeping salary details private and the potential implications if anything slips out. Overwhelm: Since she's only worked with hourly roles, diving into pay scales might feel like we’ve thrown her into the deep end without a life jacket. 😅 Understanding context: She might not grasp why salaries vary based on roles, experience, and market conditions, leading to confusion or misunderstandings. So, how do we navigate this? Here’s what ...

What are the best practices for introducing salary transparency? Answers: https://lnkd.in/gma5fxBi #SalaryAccess #HRBestPractices #EmployeeDevelopment Hey there! 👋 I’m in a bit of a dilemma and would love your insights. I have a junior employee who’s doing an amazing job with onboarding and R&D projects. But here’s the catch: I need to give her more system access, which includes visibility into our company’s salary information. Now, I know that introducing salary access can be a sensitive subject, especially when the person isn’t familiar with corporate pay bands beyond entry-level roles. Here are a few pain points I’m concerned about: Confidentiality: This is a biggie! We want to make sure she understands the importance of keeping salary details private and the potential implications if anything slips out. Overwhelm: Since she's only worked with hourly roles, diving into pay scales might feel like we’ve thrown her into the deep end without a life jacket. 😅 Understanding context: She might not grasp why salaries vary based on roles, experience, and market conditions, leading to confusion or misunderstandings. So, how do we navigate this? Here’s what ...

What are the best practices for introducing salary transparency? Answers: https://lnkd.in/dK_JF-jj #SalaryAccess #HRBestPractices #EmployeeDevelopment Hey there! 👋 I’m in a bit of a dilemma and would love your insights. I have a junior employee who’s doing an amazing job with onboarding and R&D projects. But here’s the catch: I need to give her more system access, which includes visibility into our company’s salary information. Now, I know that introducing salary access can be a sensitive subject, especially when the person isn’t familiar with corporate pay bands beyond entry-level roles. Here are a few pain points I’m concerned about: Confidentiality: This is a biggie! We want to make sure she understands the importance of keeping salary details private and the potential implications if anything slips out. Overwhelm: Since she's only worked with hourly roles, diving into pay scales might feel like we’ve thrown her into the deep end without a life jacket. 😅 Understanding context: She might not grasp why salaries vary based on roles, experience, and market conditions, leading to confusion or misunderstandings. So, how do we navigate this? Here’s what ...

What are the best practices for introducing salary transparency? Answers: https://lnkd.in/gtBUtAAK #SalaryAccess #HRBestPractices #EmployeeDevelopment Hey there! 👋 I’m in a bit of a dilemma and would love your insights. I have a junior employee who’s doing an amazing job with onboarding and R&D projects. But here’s the catch: I need to give her more system access, which includes visibility into our company’s salary information. Now, I know that introducing salary access can be a sensitive subject, especially when the person isn’t familiar with corporate pay bands beyond entry-level roles. Here are a few pain points I’m concerned about: Confidentiality: This is a biggie! We want to make sure she understands the importance of keeping salary details private and the potential implications if anything slips out. Overwhelm: Since she's only worked with hourly roles, diving into pay scales might feel like we’ve thrown her into the deep end without a life jacket. 😅 Understanding context: She might not grasp why salaries vary based on roles, experience, and market conditions, leading to confusion or misunderstandings. So, how do we navigate this? Here’s what ...

What are the best practices for introducing salary transparency? Answers: https://lnkd.in/dap8K9dQ #SalaryAccess #HRBestPractices #EmployeeDevelopment Hey there! 👋 I’m in a bit of a dilemma and would love your insights. I have a junior employee who’s doing an amazing job with onboarding and R&D projects. But here’s the catch: I need to give her more system access, which includes visibility into our company’s salary information. Now, I know that introducing salary access can be a sensitive subject, especially when the person isn’t familiar with corporate pay bands beyond entry-level roles. Here are a few pain points I’m concerned about: Confidentiality: This is a biggie! We want to make sure she understands the importance of keeping salary details private and the potential implications if anything slips out. Overwhelm: Since she's only worked with hourly roles, diving into pay scales might feel like we’ve thrown her into the deep end without a life jacket. 😅 Understanding context: She might not grasp why salaries vary based on roles, experience, and market conditions, leading to confusion or misunderstandings. So, how do we navigate this? Here’s what ...

Dropping tomorrow: Revolutionary salary models used by self-managing organizations Rethinking salaries in self-managed companies? It's a minefield. After 6 months of research, we uncovered a variety of models that shatter traditional pay systems. In tomorrow's newsletter, we share the highlights of our research: ↳ 4 distinct salary approaches emerging (peer-based, role-based, performance-based, self-set) ↳ Why (and how) some companies let employees set their own salaries ↳ The critical conversations you need to have first ↳ When full transparency might backfire Tomorrow, we're dropping the highlights of our deep dive into this touchy subject. 👉 Don't miss out. Subscribe to our newsletter here: https://lnkd.in/emN_R95n ♻️ Repost to end top-down salary systems

I am excited to share the release of our new Global Salary Calculator — an online tool to help HR decision-makers gain insights into global salary benchmarks for hundreds of roles. We know for a fact that compensation and benefits remain a top priority for talents to stay or join a company. In a world where great talent is scarce and competition for the most skilled workers is fierce, having the data you need to make the right offer to a candidate can be the difference between securing the best talent or not. #salarycalculator #atlashxm #compensation #benefits #salary

Being fair and open about pay and reward holds many benefits for businesses – it enhances trust, builds employee morale, and provides employers with a competitive advantage in a tough market. However, despite the clear business case for transparency and fair compensation practices, many professionals remain sceptical of employers’ willingness to be upfront about pay. In her latest article, Sarah Gray CCWP, Projects & Change Director at Hays Enterprise Solutions, provides tangible advice for employers looking to improve pay transparency: https://lnkd.in/e7i25_nf #pay #paytransparency #salaryadvice #workingforyourtomorrow

Have you downloaded our 2024 HR and Finance Salary Guide yet? ⬇📊 Our 2024 sector-specific salary guides offer valuable insights into average salaries for a range of positions within the Finance and HR sectors across the North West. Whether you're seeking a new role, hiring new people into your team, or just looking to stay updated, this guide offers crucial insights into average salaries for various positions and how they compare to last year’s data. Download your copy today via the link in the comments below! 👇 #FinanceJobs #HRJobs #SalaryGuide #Recruitment #NorthWest