In a competitive talent market, an employee’s perception of their pay is as crucial as the compensation itself.
This toolkit addresses the “perception gap”: The disconnect between organisational commitment to fair pay and employee belief.
By adopting a Total Rewards mindset and a transparent communication strategy, organisations can transform pay transparency into a powerful strategic advantage that fosters trust, engagement, and retention.
Key Takeaways:
- The Power of Perception – Building the business case
- Defining Total Rewards
- The basics of fair pay – getting it right
- Building trust and transparent commucniations
- Communication Mastery
- The Manager’s Role
- Developing an Effective Ongoing Dialogue
- Wider Considerations on Policy and Pay Gaps
- Measuring Success