In our data-driven world, pay transparency is a primary expectation of today's top jobseekers. I recently had a discussion with HR Technologist about the ROI of making corporate salary data accessible to all, through the application of AI and predictive analytics.
As countries like Switzerland adopt campaigns urging young people to "Zeig deinen Lohn!" (Show your income), companies are competing to keep up with employee expectations to make salary data accessible to all.
Read the full story in HR Technologist to learn three ways that global enterprises can successfully take advantage of next-gen technology, including AI and predictive analytics to meet employee expectations for a higher commitment to salary transparency.:
1. Technology to achieve transparency ROI — Compensation management platforms make it possible for HR leaders to offer employees an analytical view over global compensation processes.
2. The role of diversity in compensation transparency — Fair pay is essential to designing equitable compensation programs. It's central to the employee experience, with workers saying they are engaged at work when they believe the organization fosters an inclusive culture.
3. Prioritize transparency to earn trust — In the age of constant and instant reviews, businesses have the opportunity to get ahead of the feedback curve, raise worker perception about their corporate practices and improve company online ratings.
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