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<i>Dear Workforce</i> What Are the Pros and Cons of Making Our Pay Ranges Transparent

December 28, 2010
Related Topics: Variable Pay, Compensation Design and Communication, Dear Workforce, Compensation
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Currently our employees know only their salary and salary grade; they don’t know their compensation ratio or where they are on the salary range, nor do they know the salary ranges for their jobs. We are debating the pros and cons of making salary ranges transparent. How might doing this help/harm us in retaining and recruiting? Would it be unusual?
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