An employee’s pay is quantifiable – but how much do we know about how people feel about their pay and what kinds of behaviors those feelings relate to? Read Today at Work to find out.
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When employees have full trust in their organization's leadership, they are 5.1 times less likely to believe their pay is unfair. These feelings grow even more significant in larger organizations (1000+ employees).
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1out of3
workers reported that they believe their pay is not fair.
Pay Transparency & Employee Retention
And around 40% of workers who believe they are unfairly paid intend to leave their organization.
3x
more likely to recommend their organization
Pay Transparency & Company Brand Sentiment
Employees who believe their pay is fair are almost 3 times more likely to recommend their organization to friends and family as a good place to work.
4x
more likely to be fully engaged
Pay Transparency & Employee Engagement
When an employee feels their pay is fair, they are almost 4 times more likely to be fully engaged. Engagement grows exponentially as trust increases. Employees with high trust are 65 times more likely to be fully engaged than those with low trust.
3out of4
Pay Transparency & Gender Equity
Three out of four workers said they would consider looking for a new job if they discovered an unfair gender pay gap at their organization.
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