Code of Ethics 1:
About the course
Pay has always been a confidential topic in the workplace. Employers fear that disclosing too much information about employee salaries could cause wage disputes, limit their ability to negotiate and encourage competitors to poach talent. But the benefits of pay transparency may outweigh these fears. In this course we will discuss Pay Transparency as a strategy for retaining employees and acquiring new talent.
Contents - Topics
Introduction: Sharing Salaries Means Building Trust
The fear of upsetting employees is by far the most commonly cited reason for not sharing salary ranges. According to talent professionals who practice it, pay transparency makes the hiring process more efficient by streamlining negotiations.
Lesson 1: Why Pay Transparency Matter
Employers fear that disclosing too much information about employee salaries could cause wage disputes, limit their ability to negotiate or encourage competitors to poach talent. But the benefits of pay transparency may outweigh these fears.
Lesson 2: Establishing Pay Transparency (in 7 Steps)
In order to establish pay transparency you have to see how your pay stacks up, decide how transparent you want to be, solicit employee input, develop clear compensation criteria, take it one step at a time and communicate clearly as you roll out the policy
Lesson 3: Pay Transparency Case Studies
Study a series of case scenarios to learn how you can implement pay transparency for your workplace.
Upon successful completion of this course, you will be able to:
Acknowledge the reasons why employers fear sharing salaries.
Understand why being transparent regarding pay is important in building trust towards employees.
Describe how you can apply pay transparency into your corporate agenda in a few simple steps.
This course is addressed to
Talent Recruiters and Trainers
HR Departments' Employees