When Employees know the Numbers: Pay Transparency and its Consequences - Foenander Lecture 2018

Organisations have a choice about the extent to which information about pay is shared within the workplace. In this lecture, our presenters explain their decision to operate with complete pay transparency and its impact on the culture of the organisation. They will discuss how employee pay is determined and communicated within the workplace, and how these processes have evolved as the organisation has grown over the last 10 years. Our presenters also discuss their experiences of pay transparency as part of broader commitment to organisational transparency and its impact upon attraction, retention, and motivation of employees.