The influence of pay transparency on (gender) inequity, inequality and the performance basis of pay | Nature Human Behaviour
In a recent article over at Nature, the authors find the following:
We find evidence that pay transparency causes significant increases in both the equity and equality of pay, and significant and sizeable reductions in the link between pay and individually measured performance.
— Read on www.nature.com/articles/s41562-022-01288-9
We have had a discussion about pay in one of our podcast episodes. You do need to take care to not do so at the office if not permitted, but you are free to talk about pay. This is a great reason why! Don’t be afraid to disclose your pay to others. Information is power.
The states of Colorado, Connecticut, Nevada, and Rhode Island will be requiring firms to disclose pay. It’ll be interesting to see the outcomes of these bills.