Unlock the Secrets to Salary Transparency: 5 Must-Reads to Make You an Expert!
Calling all HR professionals! Are you feeling lost in a sea of information about salary transparency?
Don't worry, we've got you covered with five expert-recommended resources that will have you feeling like a salary transparency pro in no time!
PSST before you dive in, make sure to sign up for our webinar on action steps to prepare for pay transparency with Checkly!
Here are our top 5 expert-written resources for you to become the expert on salary transparency.
#1 Should you use 'competitive salary' in your job descriptions?
Ah, the age-old question of whether or not to use the term "competitive salary" in your job postings. We dove into this topic for you to end the debate once and for all.
#2 The benefits of salary transparency for employees & organizations
Who knew that being open about pay could lead to better employee engagement and retention rates? Oops is that a spoiler?
#3 Everything you need to know about the new EU Pay Transparency directive
Do you have employees in Europe? Then "Everything you need to know about the new EU Pay Transparency directive" is essential reading. This post breaks down the who, what, where, when, why and HOW in an easy to read format.
What about if you're in the UK?
We didn't forget about you - grab a cup of tea and get up to date on how the EU Pay Transparency Directive could impact your company in the UK!
#4 Salary bands advantages & disadvantages
We looked into the pros and cons of using salary bands for implementing salary transparency.
TLDR: salary bands help you attract and retain talent through the most efficient and compliant way (and we are launching our own Figures Salary Bands soon)
#5 Why use a market compensation tool? Figures v. Glassdoor
"I don't need a tool, I can use Google or Glassdoor."
Yes you can... but you could be making an expensive mistake: from either setting salaries too low and losing talent, forecasting and making a bad budget OR overspending.
Learn all the reasons why you should use a market compensation tool here.
In conclusion, we don't want the meme above to be you.
With these five expert-recommended resources, you'll be well on your way to becoming a salary transparency pro.
📚 Happy reading! - Team Figures