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Exposing Pay - Pay Transparency and What It Means for Employees, Employers, and Public Policy (Hardcover)
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Exposing Pay - Pay Transparency and What It Means for Employees, Employers, and Public Policy (Hardcover)
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Should employees be allowed to discuss their pay with other
employees? Should managers explain the logic underlying pay
structures and decisions to employees? Should companies disclose
more information on pay for particular positions or even an
individuals' actual pay? Pay equity has become a hot topic in
recent years with pay transparency viewed as an important way to
narrow gender and racial pay gaps. However, pay transparency
policies and practices remain highly controversial, with divergent
attitudes based largely on conjecture or anecdote. In Exposing Pay,
Peter Bamberger provides evidence-based insights into how pay
communication policies and practices impact outcomes at individual,
organizational, and societal levels. Bamberger reviews findings
from the recent surge in pay transparency research to help
employees, managers, and policymakers better understand when pay
communication policies and practices might enhance organizational
performance and address social inequality and when such practices
can lead to harmful consequences. Starting with a short overview of
how companies have addressed the question of pay transparency over
the past century and a brief summary of contemporary transparency
regulations in dozens of countries around the world, Exposing Pay
presents findings on the various forms of pay transparency on such
outcomes as individual task performance, employee retention and
turnover, citizenship behaviors such as helping, counter-productive
work behavior, and pay dispersion or spread. An honest assessment
of the good and the bad of pay transparency, Exposing Pay gives
policymakers, managers, and HR specialists the perspective and
information they need to make fair, sensible, and informed
decisions.
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