Currently 16% of UK companies are disclosing individual pay ranges to employees, the majority (54%) are considering doing so in the future, according to a study from broking company WTW.
As HR professionals, you’re probably familiar with the common issue of recruiting people on salaries that are higher than your internal pay ranges. It’s a huge cause of much of the inequity we see in...
With the Times reporting that over half of UK job adverts do not display salary or pay brackets, could the push for pay transparency be over?
Half (51%) of UK organisations have never completed an equal pay audit, according to research from reward consultancy, 3R Strategy.
The EU has approved a new pay transparency directive which aims to close the gender pay gap.
Employees are rightly demanding more transparency and openness around rewards, and we at JTI UK have long wanted to rise to the challenge. But we also knew greater disclosure comes with risks.
It shouldn’t take legislation to make an organisation open and honest on pay with employees and future talent. It should happen because it’s the right thing to do – and you need to start planning to...
Pay transparency has slipped to a six-year low in the UK, with reports suggesting that only 60% of job adverts in 2022 disclosed the offered salary, down from 64% in 2021.
The number of job ads where salary is advertised has decreased during 2022, reaching its lowest level in the last six years.
At a time of stagflation and worries over cost of living and utility bill shock, it’s natural that many of us will be looking at our compensation packages and checking whether we’re receiving the...
As if the past two years haven’t been tough enough for UK workers on both a personal and professional level, they’re now facing a cost-of-living crisis and rampant inflation at its highest level in 40...