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S04 E02: Clear And Present: What’s next for US pay transparency?
Manage episode 469767432 series 3650787
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Pay transparency is going mainstream, with legislation either already in place or soon to be introduced across the United States, Europe, and beyond. This trend brings with it far-reaching implications for companies in terms of the openness required on their employee compensation practices.
With that in mind, pay transparency specialist Nancy Romanyshyn, Senior Director, Total Rewards Strategy and Solutions with Seattle-based analytics software company Syndio, joins hosts and J.P. Morgan Workplace Solutions’ own Chris Dohrmann, Executive Director, Strategic Partnerships and Lauren Jenkins, VP, Head of Executive Participant Servicing, for a deep dive on where we are now, where we’re likely to go from here and how companies need to respond.
Among the topics addressed are:
· Pay transparency - it’s about more than posting salary ranges when advertising open positions
· Recognizing and embracing these new and continually evolving requirements
· How transparency is changing the design of pay programs
· How company size can impact on disclosure requirements
· The implications for employee equity compensation
· Operating in multiple US states and/or countries where different standards may apply
· Current rules in the US vs EU
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