Pay Secrecy
Australia recently banned pay secrecy clauses, leading many businesses to consider whether to disclose salaries in full. Removing barriers to discussing salaries among colleagues could help close the country’s 22.8% gender pay gap. Some corporations, notably major banks, have already scrapped pay secrecy clauses and published firm-wide pay bands to enhance transparency. Employers will also […]
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The Fundamentals of an Effective Salary Review Process
In today’s rapidly evolving business environment, attracting and retaining top talent is a critical priority for organisations. And when it comes to retaining your best employees, offering competitive salaries is one of the most important factors to consider. However, it’s not just about offering a good salary, but also about ensuring that the salary review […]
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