"Pay transparency is here (or coming) depending on where you're located and where you're hiring people. It's kind of like a snowball rolling down the hill getting bigger and bigger. It's something to really stop and think about and prepare for now, because it's not easy. I think the biggest thing around transparency is thinking about what your education plan is for your people."
Megan Nail, Vice President, Total Rewards Practice at NFP
We're Only Human -- Episode 167
In our research with employers, we find many of them believe that salary transparency puts more power into the hands of candidates and employees, but there's also a lot of value for employers, too. If your organization wants to stand out from the crowd, it's not as simple as bumping up pay and walking away.
In today's interview with Megan Nail, she tells some of the best strategies for evaluating your compensation competitiveness against internal and external measurements. Plus she gives her best advice on how to manage pay transparency in a healthy, employee-focused manner.
Show Notes
New Data on Employee Mental Health, Business Impact, and Employee Perception
Mythbusting AI in Talent Acquisition on We’re Only Human
Top Concerns for HR in 2022 on We’re Only Human
Creating a Vibrant Performance Process: Insights from Two Chief People Officers
Stop Avoiding AI and Embrace Human Experiences on We‘re Only Human
Why Not Risk Hiring Someone Amazing? Featuring Peter Sursi of the FBI on We‘re Only Human
Leading Organizational Change at Siemens with Manuela Brede on We‘re Only Human
Talent Intelligence and Compensation with Salary.com‘s CEO on We‘re Only Human
HR‘s Role in Driving Organizational Success with Julie Salomone on We‘re Only Human
Interviews as a Source of Rich, Actionable Data with BrightHire on We‘re Only Human
20 Hiring Strategies, Ideas, and Tips for a Tight Talent Market on We‘re Only Human
Openness to Failure as a Critical HR Skill on We're Only Human
Digital, Secure Document Management for HR Teams on We’re Only Human
What's Your Culture of Health? Featuring Mobile Health on We're Only Human
SMB Employers, Complexity, and Compliance with Jordan Conley on We're Only Human
Personalizing Talent Practices at an Individual Level with Juan Betancourt on We're Only Human
How to Bring the HR Community Together with Bill Banham on We're Only Human
Work Has Changed at DHL - Here's How The Company is Prioritizing Talent
Don't Judge for Feelings, Judge for Actions - Featuring Faye Ekong on We're Only Human
Workplace Performance is 90 Percent Mental with Roger Kitchen on We're Only Human
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