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Modern companies have made huge strides to improve their people’s experiences and establish core values of transparency and fairness.
Buffer, the social media management company, openly shares its team’s salaries in a publicly accessible spreadsheet. Salesforce publicly discloses its pay equity findings and regularly analyzes pay disparities based on gender and race.
The gender pay gap is getting narrower, but at a glacial pace as shown by this 2024 Payscale survey.
Let’s take a closer look at pay transparency, and why it’s so important for achieving pay equity.
The importance of pay equity in the modern world of work
First,
